Plain English Breakdown
The official text confirms the establishment of the credit but does not provide specific eligibility criteria beyond being a taxpayer and donating to a Connecticut-based charity.
Tax Credit for Donations to Connecticut Charities
This bill amends the general statutes of Connecticut to create a tax credit for taxpayers who donate money to charities based in Connecticut.
What This Bill Does
- Amends the general statutes of Connecticut.
- Establishes a tax credit for donations made by taxpayers.
Who It Names or Affects
- Taxpayers
- Connecticut-based charities
Limits and Unknowns
- The bill text does not state the dollar amount or percentage of the tax credit.
- The effective date for when this law starts is not listed.