AN ACT REESTABLISHING THE JOB EXPANSION TAX CREDIT PROGRAM.

Plain English Breakdown

The official text only states the intent to reestablish the program and amend section 12-217pp; it does not provide details on eligibility, credit amounts, or implementation dates.

Recreating the Job Expansion Tax Credit Program

This bill changes state law to bring back a tax credit program called the job expansion tax credit.

What This Bill Does

• Amends section 12-217pp of the general statutes.
• Reestablishes the job expansion tax credit program.

Terms To Know

Job Expansion Tax Credit Program

A state program that is being brought back by this bill, though specific rules are not listed here.

Reestablish

To start something again after it has stopped or been removed.

Limits and Unknowns

• The text does not say how much money the program will cost.
• The bill does not list specific rules for which jobs qualify for the credit.
• No effective date is listed in this document.
• It is unclear if businesses are currently eligible since no details on qualifications are provided.

Official Summary Text

To reestablish the job expansion tax credit program.

Current Bill Text

LCO No. 271 1 of 1

General Assembly Proposed Bill No. 5070
February Session, 2026 LCO No. 271

Referred to Committee on FINANCE, REVENUE AND
BONDING

Introduced by:
REP. BUCKBEE, 67th Dist.

AN ACT REESTABLISHING THE JOB EXPANSION TAX CREDIT
PROGRAM.
Be it enacted by the Senate and House of Representatives in General
Assembly convened:

That section 12 -217pp of the general statutes be amended to 1
reestablish the job expansion tax credit program. 2
Statement of Purpose:
To reestablish the job expansion tax credit program.