We know many Connecticut businesses are struggling as they deal with the effects of COVID-19. We appreciate their perseverance and know they share our commitment to keeping our residents healthy. The state, working with its federal partners, has several programs and initiatives in place to assist businesses during this difficult period. For specific questions related to small business, email the Joint Information Center at COVID19.JIC@ct.gov, or call the DECD small business hotline at 860-500-2333. Individuals can call 2-1-1 for more information.

Manufacturing Machinery and Equipment Tax Exemption

Overview

Connecticut is committed to fostering the growth of its burgeoning advanced manufacturing and bioscience sectors. As part of that commitment, the state exempts certain investments in the latest equipment and machinery from Connecticut property tax for five years.  


Eligibility

This five-year, 100% property tax exemption is available for eligible machinery and equipment acquired and installed in a manufacturing or biotechnology facility.