In the Senate's Finance, Revenue and Bonding Committee since February 4, 2026.
2026 Regular Session
Senate Bill 43
AN ACT CONCERNING THE TAX CREDIT FOR MACHINERY AND EQUIPMENT.
What it does
The synopsis the General Assembly published with the bill.
To replace the current tax credit for machinery and equipment with a tax credit for fifty per cent of the amount spent by a corporation on machinery and equipment acquired for and installed in a facility in this state and including a five-year minimum use and recapture provision.
Sponsors
Who carried the bill in each chamber, and who signed on. Each name leads to the member's page.
In the Senate
Sponsor
Its course
February 4 to February 4, 2026, on one scale. In the top row each mark is a day something happened; taller marks are busier days.
Each committee stop sits inside its chamber.
Every action1 action on 1 day
In the SenateFrom Feb 4
Finance, Revenue and Bonding CommitteeFrom Feb 4
Text
Each version as the General Assembly printed it.
l9n doesn't hold this bill's text yet.
What happened
In l9n's words, one line for each step. Every action as the General Assembly published it is below.
In the Senate Feb 4
- Feb 4Introduced and sent to Finance, Revenue and Bonding Committee
All 1 actions, as published
- Feb 4REF. TO JOINT COMM. ONBoth houses