Connecticut 2018 Regular Session Status: Enacted 3 D cosponsors

SB 11 — AN ACT CONCERNING AN AFFECTED BUSINESS ENTITY TAX, VARIOUS PROVISIONS RELATED TO CERTAIN BUSINESS DEDUCTIONS, THE ESTATE AND GIFT TAX IMPOSITION THRESHOLDS, THE TAX TREATMENT OF CERTAIN WAGES AND INCOME AND A STUDY TO IDENTIFY BEST PRACTICES FOR MARKETING THE BENEFITS OF QUALIFIED OPPORTUNITY ZONES.

Last action — SIGNED BY GOVERNOR

  1. ✓
    Introduced
  2. ✓
    In Committee
  3. ✓
    Passed Senate
  4. ✓
    Passed House
  5. ✓
    To Executive
  6. 6
    Enacted

This bill has been enacted into law. Introduced February 08, 2018. Enacted.

Prognosis

Likely to advance 82% · moderate confidence

Where this bill stands today.

Odds of enactment

High

How often bills like it became law.

  • Enacted

    Current position in the legislative process.

  • 7 sponsors

    7 primary, 0 co-sponsors signed on.

  • Single-party support

    Sponsorship is currently within one party (3 D).

  • Cleared a recorded vote

    Passed 2 recorded votes so far.

Prognosis reads this bill's own signals — stage, sponsorship breadth, committee status, recorded votes and cross-state momentum. Odds come from a model trained on which bills have become law.

Bill Text

What changed in the latest version

47 added · 38 removed

Plain-language change summary

The updated bill now includes a definition for "affected business entity," specifying it as a partnership or S corporation that files an annual return, excluding publicly-traded partnerships. Additionally, the definitions of "member" and "taxable year" have been refined, enhancing clarity about who is included and what timeframe is referenced. These changes clarify the entities affected by the bill and the context for tax obligations, which may influence how businesses and their members comply with tax laws.

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General Assembly   Governor's Bill No.
General Assembly   Substitute Bill No.
11 February Session, 2018   LCO No.
11 February Session, 2018   *_____SB00011FIN___040618____* AN ACT CONCERNING CONNECTICUT'S RESPONSE TO FEDERAL TAX REFORM.
357   *00357__________* Referred to Committee on FINANCE, REVENUE AND BONDING   Introduced by:
  SEN.
LOONEY, 11th Dist.
SEN.
DUFF, 25th Dist.
REP.
ARESIMOWICZ, 30th Dist.
REP.
RITTER M., 1st Dist.
  AN ACT CONCERNING CONNECTICUT'S RESPONSE TO FEDERAL TAX REFORM.
(3) "Taxable year" means the taxable year of an affected business entity for federal income tax purposes;
(3) "Affected business entity" means a partnership or S corporation, but does not include a publicly-traded partnership, as defined in Section 7704(b) of the Internal Revenue Code, that has agreed to file an annual return pursuant to section 12-726 of the general statutes reporting the name, address, Social Security number or federal employer identification number and such other information required by the Commissioner of Revenue Services of each unitholder whose distributive share of partnership income derived from or connected with sources within this state was more than five hundred dollars;
(4) "Affected business entity" means any partnership or S corporation;
(4) "Member" means (A) a shareholder of an S corporation, (B) a partner in (i) a general partnership, (ii) a limited partnership, or (iii) a limited liability partnership, or (C) a member of a limited liability company that is treated as a partnership for federal income tax purposes;
(5) "Member" means (A) a shareholder of an S corporation, (B) a partner in (i) a general partnership, (ii) a limited partnership, or (iii) a limited liability partnership, and (C) a member of a limited liability company that is treated as a partnership for federal income tax purposes;
and (5) "Taxable year" means the taxable year of an affected business entity for federal income tax purposes.
and (6) "Commissioner" means the Commissioner of Revenue Services.
(b) Each affected business entity that is required to file a return under the provisions of section 12-726 of the general statutes, as amended by this act, shall, on or before the fifteenth day of the third month following the close of each taxable year, pay to the commissioner a tax as determined under this section.
(b) Each affected business entity that is required to file a return under the provisions of section 12-726 of the general statutes, as amended by this act, shall, on or before the fifteenth day of the third month following the close of each taxable year, pay to the commissioner a tax in an amount equal to (1) (A) the separately and nonseparately computed items, as described in Section 702(a) of the Internal Revenue Code, of the affected business entity, to the extent derived from or connected with sources within this state, as determined under the provisions of chapter 229 of the general statutes, (B) as increased or decreased by any modification described in section 12-701 of the general statutes, as amended by this act, that relates to an item of the affected business entity's income, gain, loss or deduction, to the extent derived from or connected with sources within this state, as determined under the provisions of chapter 229 of the general statutes, (2) multiplied by six and ninety-nine-hundredths per cent.
(c) The tax due under subsection (b) of this section shall equal (1) (A) the separately and nonseparately computed items, as described in Section 702(a) of the Internal Revenue Code, of the affected business entity, to the extent derived from or connected with sources within this state, as determined under the provisions of chapter 229 of the general statutes, (B) as increased or decreased by any modification described in section 12-701 of the general statutes, as amended by this act, that relates to an item of the affected business entity's income, gain, loss or deduction, to the extent derived from or connected with sources within this state, as determined under the provisions of chapter 229 of the general statutes, (2) multiplied by six and ninety-nine-hundredths per cent.
Payment shall be made with the return that is required to be filed under section 12-726 of the general statutes, as amended by this act.
(d) If an affected business entity, the lower-tier entity, is a member of another affected business entity, the upper-tier entity, the lower-tier entity shall, when calculating the amount under subdivision (1) of subsection (c) of this section, subtract its distributive share of income or add its distributive share of loss from the upper-tier entity to the extent that the income or loss was derived from or connected with sources within this state.
(c) If an affected business entity, the lower-tier entity, is a member of another affected business entity, the upper-tier entity, the lower-tier entity shall, when calculating its tax due under this section, subtract its distributive share of income or add its distributive share of loss from the upper-tier entity to the extent that the income or loss was derived from or connected with sources within this state.
(e) (1) A nonresident individual who is a member of an affected business entity shall not be required to file an income tax return under the provisions of chapter 229 of the general statutes for a taxable year if, for such taxable year, the only source of income derived from or connected with sources within this state for such member, or the member and the member's spouse if a joint federal income tax return is or shall be filed, is from one or more affected business entities and such affected business entity or entities file and pay the tax due under this section.
(d) A nonresident individual who is a member shall not be required to file an income tax return under the provisions of chapter 229 of the general statutes for a taxable year if, for such taxable year, the only source of income derived from or connected with sources within the state for such member, or the member and the member's spouse if a joint federal income tax return is or shall be filed, is from one or more affected business entities and such affected business entity or entities file and pay the tax due under this section.
(2) The provisions of subdivision (1) of this subsection shall not apply to a nonresident individual who is a member of an affected business entity that elects to file its return on a combined basis under subsection (j) of this section if such nonresident individual member's tax under chapter 229 of the general statutes would not be fully satisfied by the credit allowed to such individual under subparagraph (A) of subdivision (1) of subsection (g) of this section.
(e) Each affected business entity shall report to each of its members, for each taxable year, such member's direct pro rata share of the tax imposed under this section on such affected business entity and indirect pro rata share of the tax imposed on any upper-tier entity of which such affected business entity is a member.
(f) Each affected business entity shall report to each of its members, for each taxable year, such member's direct pro rata share of the tax imposed under this section on such affected business entity and indirect pro rata share of the tax imposed on any upper-tier entity of which such affected business entity is a member.
(f) (1) (A) Each person that is subject to the tax under chapter 229 of the general statutes and is a member shall be entitled to a credit against the tax imposed under said chapter, other than the tax imposed under section 12-707 of the general statutes.
(g) (1) (A) Each person that is subject to the tax imposed under chapter 229 of the general statutes and is a member of an affected business entity shall be entitled to a credit against the tax imposed under said chapter, other than the tax imposed under section 12-707 of the general statutes.
If the amount of the credit allowed pursuant to this subdivision exceeds such person's tax liability for the tax imposed under said chapter, the commissioner shall treat such excess as an overpayment and, except as provided under section 12-739 or 12-742 of the general statutes, shall refund the amount of such excess, without interest, to such person.
If the amount of the credit allowed pursuant to this subdivision exceeds such person's tax liability for the tax imposed under said chapter, the commissioner shall treat such excess as an overpayment and, except as provided in section 12-739 or 12-742 of the general statutes, shall refund the amount of such excess, without interest, to such person.
(B) Each person that is subject to the tax under chapter 229 of the general statutes and is a member shall also be entitled to a credit against the tax imposed under said chapter, other than the tax imposed under section 12-707 of the general statutes, for such person's direct and indirect pro rata share of taxes paid to another state of the United States or the District of Columbia, on income of any affected business entity of which such person is a member that is derived therefrom, provided the taxes paid to another state of the United States or the District of Columbia results from a tax that the commissioner determines is substantially similar to the tax imposed under this section.
(B) Each person that is subject to the tax imposed under chapter 229 of the general statutes and is a member of an affected business entity shall also be entitled to a credit against the tax imposed under said chapter, other than the tax imposed under section 12-707 of the general statutes, for such person's direct and indirect pro rata share of taxes paid to another state of the United States or the District of Columbia, on income of any affected business entity of which such person is a member that is derived therefrom, provided the taxes paid to another state of the United States or the District of Columbia results from a tax that the commissioner determines is substantially similar to the tax imposed under this section.
(2) Each company that is subject to the tax under chapter 208 of the general statutes and is a member shall be entitled to a credit against the tax imposed under said chapter.
(2) Each company that is subject to the tax imposed under chapter 208 of the general statutes and is a member of an affected business entity shall be entitled to a credit against the tax imposed under said chapter.
Such credit shall be applied after all other credits and shall not be subject to the limits imposed under section 12-217zz of the general statutes.
Such credit shall be applied after all other credits are applied and shall not be subject to the limits imposed under section 12-217zz of the general statutes.
(g) Upon failure of any affected business entity to pay the tax due under this section within thirty days of the due date, the provisions of section 12-35 of the general statutes shall apply with respect to the enforcement of this section and the collection of such tax.
(h) Upon the failure of any affected business entity to pay the tax due under this section within thirty days of the due date, the provisions of section 12-35 of the general statutes shall apply with respect to the enforcement of this section and the collection of such tax.
The amount of any such tax, penalty and interest shall be a lien, from the last day of the last month of the taxable year next preceding the due date of such tax until discharged by payment, against all real estate of the taxpayer within the state, and a certificate of such lien signed by the commissioner may be filed for record in the office of the clerk of any town in which such real estate is situated, provided no such lien shall be effective as against any bona fide purchaser or qualified encumbrancer of any interest in any such property.
The amount of any such tax, penalty and interest shall be a lien, from the last day of the last month of the taxable year next preceding the due date of such tax until discharged by payment, against all real estate of the taxpayer within the state, and a certificate of such lien signed by the commissioner may be recorded in the office of the clerk of any town in which such real estate is situated, provided no such lien shall be effective as against any bona fide purchaser or qualified encumbrancer of any interest in any such property.
(h) If any tax is not paid when due as provided in this section, there shall be added to the amount of the tax interest at the rate of one per cent per month or fraction thereof from the date the tax became due until it is paid.
(i) If any tax is not paid when due as provided in this section, there shall be added to the amount of the tax interest at the rate of one per cent per month or fraction thereof from the date the tax became due until it is paid.
(i) The provisions of sections 12-723, 12-725 and 12-728 to 12-737, inclusive, of the general statutes shall apply to the provisions of this section in the same manner and with the same force and effect as if the language of said sections had been incorporated in full into this section and had expressly referred to the tax under this section, except to the extent that any such provision is inconsistent with a provision of this section.
(j) (1) Any affected business entity subject to tax under this section may elect to file a combined return together with one or more other commonly-owned affected business entities subject to tax under this section.
Each affected business entity making such election shall submit written notice of such election to file a combined return, including the written consent of the other commonly-owned affected business entities to such election, to the commissioner not later than the due date, or if an extension of time to file has been requested and granted, the extended due date, of the returns due from such entities.
An affected business entity shall submit such written notice and consent for each taxable year such entity makes the election under this subdivision.
Each affected business entity electing to file a combined return under this subdivision shall be jointly and severally liable for the tax due under this section.
For the purposes of this subdivision, "commonly-owned" means that more than eighty per cent of the voting control of an affected business entity is directly or indirectly owned by a common owner or owners, either corporate or noncorporate.
Whether voting control is indirectly owned shall be determined in accordance with Section 318 of the Internal Revenue Code.
(2) Except as provided in subdivision (5) of this subsection, affected business entities that elect to file a combined return under subdivision (1) of this subsection shall net the amounts each such entity calculates under subdivision (1) of subsection (c) of this section after such amounts are separately apportioned or allocated by each affected business entity in accordance with this section.
(3) Affected business entities that elect to file a combined return under subdivision (1) of this subsection shall report to the commissioner the portion of the direct and indirect pro rata share of the tax paid with the combined return that is allocated to each of their members.
Such report shall be filed with the combined return and the allocation reported shall be irrevocable.
(4) The election made under this subsection shall not affect the calculation of tax due under any other provision of the general statutes other than with respect to the calculation of the credits under subsection (g) of this section.
(5) Affected business entities that elect to file a combined return under subdivision (1) of this subsection shall calculate their tax due in accordance with subsection (c) of this section unless each such entity elects under subsection (k) of this section to calculate its tax due on the alternative basis under subsection (l) of this section.
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If such election is made, the affected business entities shall net their alternative tax bases instead of netting the amounts under subdivision (2) of this subsection.
(k) In lieu of calculating the tax due in accordance with subsection (c) of this section, any affected business entity may elect to calculate the tax due on the alternative basis under subsection (l) of this section.
An affected business entity making such election shall submit to the commissioner written notice of such election not later than the due date, or if an extension of time to file has been requested and granted, the extended due date, of the return due from such entity.
An affected business entity shall submit such written notice for each taxable year such entity makes the election under this subsection.
The election made under this subsection shall not affect the calculation of tax due under any other provision of the general statutes other than with respect to the calculation of the credits under subsection (g) of this section.
(l) (1) The tax due from an affected business entity making the election under subsection (k) of this section shall be equal to six and ninety-nine-hundredths per cent multiplied by the alternative tax base.
The alternative tax base shall be equal to the resident portion of unsourced income plus modified Connecticut source income.
(2) For the purposes of this subsection:
(A) "Resident portion of unsourced income" means unsourced income multiplied by a percentage equal to the sum of the ownership interests in the affected business entity owned by members who are residents of this state, as defined in section 12-701 of the general statutes, as amended by this act;
(B) "Unsourced income" means the separately and nonseparately computed items, as described in Section 702(a) of the Internal Revenue Code, of the affected business entity, regardless of the location from which such item is derived or connected, as increased or decreased by any modification described in section 12-701 of the general statutes, as amended by this act, that relates to an item of the affected business entity's income, gain, loss or deduction, regardless of the location from which such item is derived or connected, less (i) the amount determined under subdivision (1) of subsection (c) of this section, determined without regard to subsection (d) of this section, and (ii) the separately and nonseparately computed items, as described in Section 702(a) of the Internal Revenue Code, of the affected business entity, to the extent derived from or connected with sources within another state that has jurisdiction to subject the affected business entity to tax, as determined under the provisions of chapter 229 of the general statutes, as increased or decreased by any modification described in section 12-701 of the general statutes, as amended by this act, to the extent derived from or connected with sources within another state that has jurisdiction to subject the affected business entity to tax, as determined under the provisions of chapter 229 of the general statutes;
and (C) "Modified Connecticut source income" means the amount calculated under subdivision (1) of subsection (c) of this section multiplied by a percentage equal to the sum of the ownership interests in the affected business entity owned by members that are (i) subject to tax under chapter 229 of the general statutes, or (ii) affected business entities to the extent such entities are directly or indirectly owned by persons subject to tax under chapter 229 of the general statutes.
A member that is an affected business entity shall be presumed to be directly or indirectly owned by persons subject to tax under chapter 229 of the general statutes unless the affected business entity subject to tax under this section can establish otherwise by clear and convincing evidence satisfactory to the commissioner.
(m) The provisions of sections 12-723, 12-725 and 12-728 to 12-737, inclusive, of the general statutes shall apply to the provisions of this section in the same manner and with the same force and effect as if the language of said sections had been incorporated in full into this section and had expressly referred to the tax under this section, except to the extent that any such provision is inconsistent with a provision of this section.
(NEW) (Effective from passage and applicable to taxable years commencing on or after January 1, 2018) (a) As used in this section, "required annual payment" means the lesser of (1) ninety per cent of the tax under section 1 of this act that is reported on the return filed for the taxable year or, if no return is filed, ninety per cent of the tax due under said section, or (2) if the preceding taxable year was a taxable year of twelve months and affected business entity filed a return for such taxable year, one hundred per cent of the tax under section 1 of this act that is reported on such return.
(NEW) (Effective from passage and applicable to taxable years commencing on or after January 1, 2018) (a) As used in this section, "required annual payment" means the lesser of (1) ninety per cent of the tax under section 1 of this act that is reported on the return filed for the taxable year or, if no return is filed, ninety per cent of the tax due under section 1 of this act, or (2) if the preceding taxable year was a taxable year of twelve months and the affected business entity filed a return for such taxable year, one hundred per cent of the tax under section 1 of this act that is reported on such return.
(b) (1) Each affected business entity required to pay the tax under section 1 of this act shall make the required annual payment each taxable year, in four required estimated tax installments on the following due dates:
(b) (1) Each affected business entity required to pay the tax imposed under section 1 of this act shall make the required annual payment each taxable year, in four required estimated tax installments on the following due dates:
(B) The annualized income installment is the amount by which (i) the amount equal to the applicable percentage, as set forth in subparagraph (C) of this subdivision, multiplied by the tax under section 1 of this act for the taxable year that would be due if income subject to tax under said section for the months in the taxable year ending before the due date of the installment was annualized, (ii) exceeds the aggregate amount of any prior required installments for the taxable year.
(B) The annualized income installment is the amount by which (i) the amount equal to the applicable percentage, as set forth in subparagraph (C) of this subdivision, multiplied by the tax imposed under section 1 of this act for the taxable year that would be due if income subject to tax under said section for the months in the taxable year ending before the due date of the installment was annualized, (ii) exceeds the aggregate amount of any prior required installments for the taxable year.
(c) (1) Except as otherwise provided in this section, in the case of any underpayment of estimated tax by an affected business entity, there shall be added to the tax under section 1 of this act an amount determined by applying interest (A) at the rate of one per cent per month or fraction thereof, (B) to the amount of the underpayment, (C) for the period of the underpayment.
(c) (1) Except as otherwise provided in this section, in the case of any underpayment of estimated tax by an affected business entity, there shall be added to the tax imposed under section 1 of this act an amount determined by applying interest (A) at the rate of one per cent per month or fraction thereof, (B) to the amount of the underpayment, (C) for the period of the underpayment.
(NEW) (Effective from passage and applicable to assessment years commencing on or after October 1, 2017) (a) As used in this section:
(NEW) (Effective July 1, 2018) (a) As used in this section:
(2) "community supporting organization" means an organization that is (A) exempt from taxation pursuant to Section 501(c)(3) of the Internal Revenue Code of 1986, or any subsequent corresponding internal revenue code of the United States, as amended from time to time, and (B) approved for the purposes of this section by ordinance of the applicable municipality;
(2) "community supporting organization" means an organization that is (A) exempt from taxation pursuant to Section 501(c)(3) of the Internal Revenue Code of 1986, or any subsequent corresponding internal revenue code of the United States, as amended from time to time, and (B) organized solely to support municipal expenditures for public programs and services, including public education;
(b) Any municipality may, upon approval by its legislative body, or in any town in which the legislative body is a town meeting, by the board of selectmen, provide for a residential property tax credit.
(b) (1) Upon approval, on or before October first of each year, by a municipality's legislative body, or in any town in which the legislative body is a town meeting, by the board of selectmen, any municipality may provide a residential property tax credit for the following fiscal year in accordance with the provisions of this section.
The municipality shall determine the amount of such tax credit, except that such amount shall not exceed the amount of voluntary, unrestricted and irrevocable cash donations made by or on behalf of the owner of a residential property located in the municipality to a community supporting organization during the calendar year preceding the year in which an application for such tax credit is filed.
The municipality shall determine the amount of such tax credit, except that such amount shall not exceed the lesser of (A) the amount of property tax owed, or (B) eighty-five per cent of the amount of voluntary, unrestricted and irrevocable cash donations made by or on behalf of the owner of a residential property located in the municipality to a community supporting organization during the calendar year preceding the year in which an application for such tax credit is filed.
The municipality may include in any such ordinance residency or other requirements the municipality deems necessary or desirable.
The municipality may include in any such approval a residency requirement or other requirement the municipality deems necessary or desirable.
(c) (1) A taxpayer that has made a voluntary, unrestricted and irrevocable cash donation as set forth in subsection (b) of this section may file an application for the tax credit under this section with the tax collector of the municipality in which the residential property is located.
Any grant amounts received by a municipality from the designated community supporting organization pursuant to subsection (c) of this section shall be subject to municipal appropriation and expenditure.
Except as provided in subdivision (2) of this subsection, no tax credit under this section shall be allowed for an assessment year unless the taxpayer or an authorized agent of the taxpayer files the application on or after January first and prior to April second of the assessment year in which such tax credit is being claimed.
(2) Upon approval of a tax credit under subdivision (1) of this subsection, the owner of a residential property located in the municipality or a person on behalf of such owner may make a voluntary, unrestricted and irrevocable cash donation or donations to the community supporting organization designated pursuant to subsection (c) of this section.
(2) For the assessment year commencing October 1, 2017, no tax credit under this section shall be allowed unless the taxpayer or an authorized agent of the taxpayer files the application on or after September 1, 2018, and prior to December 2, 2018.
(c) Any municipality that approves a tax credit pursuant to subdivision (1) of subsection (b) of this section shall designate a single community supporting organization to receive cash donations that will qualify for such tax credit.
(3) Each applicant shall include evidence satisfactory to the tax collector of the total amount of such donations made during the preceding calendar year to a community supporting organization and an affidavit, on a form prescribed by the Secretary of the Office of Policy and Management, affirming that such donations were made in cash and were voluntary, unrestricted and irrevocable, except that for the filing period set forth in subdivision (2) of this subsection, the total amount of such donations made to date in the 2018 calendar year may be used.
The chief executive officer of such municipality shall enter into an agreement with such designated community supporting organization that requires (1) the designated community supporting organization to only accept voluntary, unrestricted and irrevocable cash donations, (2) the designated community supporting organization to provide, on or before July first of each year, a grant to the municipality in an amount equal to all cash donations received during the prior fiscal year and a written statement of all cash donations received during such year, including the name and residential address of each donor, the name and residential address of the owner of the residential property if the donation was made on behalf of such owner and the date each such donation was received, (3) the municipality to provide, not later than December thirty-first following such fiscal year, a written statement to the designated community supporting organization of the municipal programs and services supported by the grant provided by the designated community supporting organization in such fiscal year, (4) the municipality to serve as the administrative and fiscal agent for the designated community supporting organization.
(d) Upon the receipt of all information required under subsection (c) of this section, the tax collector shall apply the residential property tax credit, subject to any limitations set forth by the municipality in the authorizing ordinance, to the residential property tax due and payable for the assessment year in which the application was received, provided the tax collector may apply any such tax credit for the assessment year commencing October 1, 2017, to any remaining installment of a residential property tax for said assessment year.
The municipality may retain and expend an amount of not more than fifteen per cent of the total amount of the grant received during a fiscal year as the reasonable costs of providing such service as the administrative and fiscal agent, and (5) the designated community supporting organization to provide a contemporaneous written receipt to a donor of a voluntary, unrestricted and irrevocable cash donation.
(e) No taxpayer may use a cash donation made as set forth in subsection (b) of this section to claim a tax credit with respect to more than one assessment year.
(d) (1) A taxpayer that has made a voluntary, unrestricted and irrevocable cash donation pursuant to subdivision (2) of subsection (b) of this section may file an application for the tax credit under this section with the tax collector of the municipality in which the residential property is located.
Any taxpayer knowingly submitting false records or making a false affidavit to claim the tax credit under this section shall be fined not more than five hundred dollars and shall refund to the municipality the entire amount of the tax credit improperly received.
No tax credit under this section shall be allowed unless the taxpayer or an authorized agent of the taxpayer files the application on or after January first and prior to April second prior to the fiscal year for which such tax credit is being claimed.
(2) Each such applicant shall include evidence satisfactory to the tax collector of the total amount of such donations made during the preceding calendar year to a community supporting organization and an affidavit, on a form prescribed by the Secretary of the Office of Policy and Management, affirming that such donations were made in cash and were voluntary, unrestricted and irrevocable.
(e) Upon the receipt of all information required under subsection (d) of this section, the tax collector shall apply the residential property tax credit, subject to any limitations set forth by the municipality in the authorizing ordinance, to the residential property tax due and payable for the fiscal year for which the application was received.
(f) No taxpayer may use a cash donation made pursuant to subdivision (2) of subsection (b) of this section to claim a tax credit with respect to more than one fiscal year.
Any taxpayer who knowingly submits a false record or knowingly makes a false affidavit to claim the tax credit under this section shall be fined not more than five hundred dollars and shall refund to the municipality the entire amount of the tax credit improperly received.
Sec.
17.
(Effective from passage) Notwithstanding subsection (f) of section 16-245mm of the general statutes, the obligation of the Connecticut Green Bank to make basic rental payments, consisting of a principal component and an interest component, under the equipment lease-purchase agreement entered into by said bank in December, 2017, for the installation of solar equipment at various locations of the Connecticut State Colleges and Universities, may be secured by a special capital reserve fund, provided said bank obtains the approvals described in said subsection after the issuance of such obligation and notwithstanding that such obligation is set forth in the form of a lease agreement.
Sec.
18.
(Effective from passage) The Commissioner of Economic and Community Development shall conduct a study to identify best practices for marketing the benefits of qualified opportunity zones, as defined in 26 USC 1400Z-1, to increase investment in distressed census tracts and municipalities.
Not later than January 1, 2019, the commissioner shall submit the results of such study, in accordance with the provisions of section 11-4a of the general statutes, to the joint standing committees of the General Assembly having cognizance of matters relating to commerce, finance, revenue and bonding and municipalities.
10 from passage and applicable to assessment years commencing on or after October 1, 2017 New section Sec.
10 July 1, 2018 New section Sec.
16 from passage 12-392(b)(3) Statement of Purpose:
16 from passage 12-392(b)(3) Sec.
To implement the Governor's budget recommendations.
17 from passage New section Sec.
[Proposed deletions are enclosed in brackets.
18 from passage New section FIN Joint Favorable Subst.
Proposed additions are indicated by underline, except that when the entire text of a bill or resolution or a section of a bill or resolution is new, it is not underlined.]
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Action History

  1. SIGNED BY GOVERNOR

  2. TRANSMITTED BY SECRETARY OF THE STATE TO GOVERNOR

  3. TRANSMITTED TO SECRETARY OF THE STATE

  4. PUBLIC ACT 18-49

  5. IN CONCURRENCE

  6. ON CONSENT CALENDAR

  7. HOUSE PASSED, SEN. AMEND. SCH. A

  8. HOUSE ADOPTED SEN. AMEND. SCH. A

  9. HOUSE CALENDAR NUMBER 590

  10. FAV. RPT., TABLED FOR HOUSE CALENDER

  11. TRANSMITTED PURSUANT TO JOINT RULE 17

  12. SEN. PASSED, SEN. AMEND. SCH. A

  13. SEN. ADOPTED SEN. AMEND. SCH. A

  14. FILE NO. 624

  15. SENATE CALENDAR NUMBER 385

  16. FAV. RPT., TAB. FOR CAL., SEN.

  17. RPTD. OUT OF LCO

  18. REFERRED TO Office of Legislative Research AND Office of Fiscal Analysis 04/23/18

  19. FILED WITH LCO

  20. Joint Favorable Substitute

  21. PUBLIC HEARING 0302

  22. REF. TO JOINT COMM. ON Finance, Revenue and Bonding

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7 sponsors · 0 co-sponsors · 180 not signed on

Sponsors (7)

Co-sponsors (0)

None.

Not signed on (180)

180 members have not signed on to this bill.

Show all 180 →

"Not signed on" means a member has not sponsored or co-sponsored this bill — it does not imply opposition. Members flagged Voted No have a recorded No vote on this bill.

Whip count is in markup. Polling the chamber and every recorded vote this session. Only the first open is slow. It’s instant for you after this. Calling the roll · Tallying · Engrossing

Votes

House Roll Call Vote 302 CONSENT CALENDAR

Passed 148 Yea · 0 Nay · 2 Other
Party YeaNayPresentNot Voting
Unaffiliated 87001
Republican 26000
Democratic 35001
Total 148002
% of votes cast 99%0%0%1%
How each member voted (150)
Member Party Vote
ABERCROMBIE — Yea
PORTER — Yea
ADAMS — Yea
REED — Yea
ALBIS — Yea
REBIMBAS — Yea
ALTOBELLO — Yea
RILEY — Yea
ARCONTI — Yea
CHEESEMAN — Yea
CUMMINGS — Yea
SIEGRIST — Yea
BORER — Yea
D'AMELIO — Yea
SIMANSKI — Yea
ROSE — Not Voting
SKULCZYCK — Yea
ROVERO — Yea
DAVIS — Yea
CONLEY — Yea
SANCHEZ — Yea
SREDZINSKI — Yea
CURREY — Yea
DEVLIN — Yea
SRINIVASAN — Yea
D'AGOSTINO — Yea
STANESKI — Yea
DE LA CRUZ — Yea
SCANLON — Yea
STOKES — Yea
SERRA — Yea
DUNSBY — Yea
STORMS — Yea
SIMMONS — Yea
FERGUSON — Yea
TWEEDIE — Yea
DIMASSA — Yea
FERRARO — Yea
SOTO — Yea
WILMS — Yea
FLEISCHMANN — Yea
FLOREN — Yea
FOX — Yea
STALLWORTH — Yea
FRANCE — Yea
FREY — Yea
TERCYAK — Yea
FUSCO — Yea
TONG — Yea
GREEN — Yea
ZIOBRON — Yea
URBAN — Yea
GUERRERA — Yea
VARGAS — Yea
VERRENGIA — Yea
KLARIDES — Yea
HAMPTON — Yea
WINKLER — Yea
KOKORUDA — Yea
ARESIMOWICZ — Yea
HENNESSY — Yea
YOUNG — Yea
KUPCHICK — Yea
JOHNSON — Yea
ZIOGAS — Yea
LABRIOLA — Yea
JULESON-SCOPINO — Yea
LAVIELLE — Yea
LEGEYT — Yea
MACLACHLAN — Yea
BERGER — Yea
BELSITO — Yea
BETTS — Yea
COOK — Yea
BOCCHINO — Yea
OHLER — Yea
GENTILE — Yea
O'NEILL — Yea
MORIN — Yea
MORRIS — Yea
BYRON — Yea
ORANGE — Yea
PERONE — Yea
CAMILLO — Yea
PETIT — Yea
RYAN — Yea
Mccarthy Vahey — Yea
Mccarty, K. — Yea
Alphonse Paolillo Democratic Yea
Andre F. Baker Democratic Yea
Bob Duff Democratic Yea
Bob Godfrey Democratic Yea
Bobby G. Gibson Democratic Yea
Christopher Rosario Democratic Yea
Derek Slap Democratic Yea
Derell Wilson Democratic Yea
Frank Smith Democratic Yea
Geraldo C. Reyes Democratic Yea
Gregory Haddad Democratic Yea
Henry J. Genga Democratic Yea
Hilda E. Santiago Democratic Yea
Hilda E. Santiago Democratic Yea
Jason Rojas Democratic Yea
Jonathan Steinberg Democratic Yea
Joseph P. Gresko Democratic Yea
Josh Elliott Democratic Yea
Joshua M. Hall Democratic Yea
Juan R. Candelaria Democratic Yea
Kerry S. Wood Democratic Yea
Larry B. Butler Democratic Yea
Liz Linehan Democratic Yea
Mary M. Mushinsky Democratic Yea
Matthew L. Lesser Democratic Yea
Matthew Ritter Democratic Yea
Mike Demicco Democratic Yea
Minnie Gonzalez Democratic Not Voting
Patricia A. Dillon Democratic Yea
Patricia Billie Miller Democratic Yea
Patrick S. Boyd Democratic Yea
Rick Lopes Democratic Yea
Roland J. Lemar Democratic Yea
Steven J. Stafstrom Democratic Yea
Toni E. Walker Democratic Yea
Trenee McGee Democratic Yea
Anne Dauphinais Republican Yea
Ben McGorty Republican Yea
Bill Buckbee Republican Yea
Cara Christine Pavalock-D'Amato Republican Yea
Carol Hall Republican Yea
Christie M. Carpino Republican Yea
Craig C. Fishbein Republican Yea
Dave W. Yaccarino Republican Yea
David Rutigliano Republican Yea
Devin R. Carney Republican Yea
Doug Dubitsky Republican Yea
Jason Perillo Republican Yea
Jay M. Case Republican Yea
Joe Polletta Republican Yea
John E. Piscopo Republican Yea
Kurt Vail Republican Yea
Lezlye Zupkus Republican Yea
Mitch Bolinsky Republican Yea
Nicole Klarides-Ditria Republican Yea
Rob Sampson Republican Yea
Stephen G. Harding Republican Yea
Tami Zawistowski Republican Yea
Tim Ackert Republican Yea
Tom Delnicki Republican Yea
Tom O'Dea Republican Yea
Vincent J. Candelora Republican Yea

Official roll call →

Senate Roll Call Vote 290 PASS AS AMENDED BY SEN A

Passed 36 Yea · 0 Nay
Party YeaNayPresentNot Voting
Democratic 8000
Unaffiliated 22000
Republican 6000
Total 36000
% of votes cast 100%0%0%0%
How each member voted (36)
Member Party Vote
PAUL M. FORMICA — Yea
TIM LARSON — Yea
STEVE CASSANO — Yea
BETH BYE — Yea
EDWIN A. GOMES — Yea
TERRY B. GERRATANA — Yea
MICHAEL A. MCLACHLAN — Yea
KEVIN D. WITKOS — Yea
TONI BOUCHER — Yea
PAUL DOYLE — Yea
CARLO LEONE — Yea
CRAIG MINER — Yea
LEN SUZIO — Yea
GAYLE SLOSSBERG — Yea
ART LINARES — Yea
JOE MARKLEY — Yea
LEONARD FASANO — Yea
GEORGE LOGAN — Yea
ANTHONY GUGLIELMO — Yea
L. SCOTT FRANTZ — Yea
Kevin C. Kelly — Yea
Marilyn Moore — Yea
Bob Duff Democratic Yea
Catherine A. Osten Democratic Yea
Douglas McCrory Democratic Yea
Gary A. Winfield Democratic Yea
Joan V. Hartley Democratic Yea
John W. Fonfara Democratic Yea
Mae Flexer Democratic Yea
Martin M. Looney Democratic Yea
Eric C. Berthel Republican Yea
Heather S. Somers Republican Yea
Henri Martin Republican Yea
John A. Kissel Republican Yea
Kathy Kennedy Republican Yea
Tony Hwang Republican Yea

Official roll call →

Subjects

taxation
Cross-referencing the record. Reading this bill against every other bill in the corpus by meaning, not keywords. Only the first open is slow. It’s instant for you after this. Matching · Ranking · Engrossing

Frequently asked questions

Who sponsors SB 11?
SB 11 is sponsored by Ritter, Matthew, Aresimowicz, Joe, Frey, John H., Frantz, L. Scott, Martin M. Looney (Democratic), Bob Duff (Democratic), and Catherine A. Osten (Democratic).
What is the current status of SB 11?
This bill has been enacted into law. Introduced February 08, 2018. Enacted.
Where can I track SB 11?
Track SB 11 free on One Click Politics — get push/email alerts when it moves.

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