Credit Name

Statutory
Authority

Credit May be Applied Against Tax Imposed Under Conn. Gen. Stat.

Additional Notes

Apprenticeship Training Tax Credit in Manufacturing, Plastics, Plastics-Related, Or Construction Trades

§12-217g

Ch. 208 (Corporation Business Tax)

Ch. 212 (Utility Companies Tax)

Ch. 227 (Petroleum Products Gross Earnings Tax)

Pass-through entities may earn the tax credit for manufacturing trades apprenticeships and assign it. 

Digital Animation Tax Credit

§12-217ll

Ch. 207 (Insurance Companies and Health Care Centers Tax)

Ch. 208 (Corporation Business Tax)

Assignable

Donation of Land Tax Credit

§12-217dd

Ch. 208 (Corporation Business Tax)

Electronic Data Processing Equipment Property Tax Credit

§12-217t

Ch. 207 (Insurance Companies and Health Care Centers Tax)

Ch. 208 (Corporation Business Tax)

Ch. 208a (Unrelated Business Taxable Income Tax)

Ch. 209 (Air Carriers Tax)

Ch. 210 (Railroad Companies Tax)

Ch. 211 (Community Antenna Television Systems Tax)

Ch. 212 (Utility Companies Tax)

Assignable to an affiliate for purposes of credits applied against the taxes imposed under Ch. 207 only.

Film Production Infrastructure

§12-217kk

Ch. 207 (Insurance Companies and Health Care Centers Tax)

Ch. 208 (Corporation Business Tax)

Assignable

Film Production Tax Credit

§12-217jj

Ch. 207 (Insurance Companies and Health Care Centers Tax)

Ch. 208 (Corporation Business Tax)

Assignable with certain limits

Fixed Capital Investment Tax Credit

§12-217w

Ch. 208 (Corporation Business Tax)

Green Buildings Tax Credit

§12-217mm

Ch. 208 (Corporation Business Tax)

Assignable

Historic Homes Rehabilitation
Tax Credit

§10-416

Ch. 207 (Insurance Companies and Health Care Centers Tax)

Ch. 208 (Corporation Business Tax)

Ch. 209 (Air Carriers Tax)

Ch. 210 (Railroad Companies Tax)

Ch. 211 (Community Antenna Television Systems Tax)

Ch. 212 (Utility Companies Tax)

Assignable to an affiliate for purposes of credits applied against the taxes imposed under Ch. 207 only.

Historic Preservation Tax Credit

§10-416b

Ch. 207 (Insurance Companies and Health Care Centers Tax)

Ch. 208 (Corporation Business Tax)

Ch. 209 (Air Carriers Tax)

Ch. 210 (Railroad Companies Tax)

Ch. 211 (Community Antenna Television Systems Tax)

Ch. 212 (Utility Companies Tax)

Assignable

Formerly referred to as the Historic Investment Tax Credit

DECD will not reserve this credit after June 30, 2014.

Historic Rehabilitation Tax Credit

§10-416c

Ch. 207 (Insurance Companies and Health Care Centers Tax)

Ch. 208 (Corporation Business Tax)

Ch. 209 (Air Carriers Tax)

Ch. 210 (Railroad Companies Tax)

Ch. 211 (Community Antenna Television Systems Tax)

Ch. 212 (Utility Companies Tax)

Assignable

Historic Structures Rehabilitation Tax Credit

§10-416a

Ch. 207 (Insurance Companies and Health Care Centers Tax)

Ch. 208 (Corporation Business Tax)

Ch. 209 (Air Carriers Tax)

Ch. 210 (Railroad Companies Tax)

Ch. 211 (Community Antenna Television Systems Tax)

Ch. 212 (Utility Companies Tax)

Assignable

DECD will not reserve this credit after June 30, 2014.

Housing Program Contribution Tax Credit

§8-395

Ch. 207 (Insurance Companies and Health Care Centers Tax)

Ch. 208 (Corporation Business Tax)

Ch. 209 (Air Carriers Tax)

Ch. 210 (Railroad Companies Tax)

Ch. 211 (Community Antenna Television Systems Tax)

Ch. 212 (Utility Companies Tax)

Assignable to an affiliate for purposes of credits applied against the taxes imposed under Ch. 207 only.

Human Capital Investment Tax Credit

§12-217x

Ch. 208 (Corporation Business Tax)

Insurance Reinvestment Fund Tax Credit

§38a-88a

§38a-743 (Surplus Lines Brokers Tax)

Ch. 207 (Insurance Companies and Health Care Centers Tax)

Ch. 208 (Corporation Business Tax)

Ch. 229 (Income Tax)

Assignable

Machinery and Equipment Expenditure Tax Credit

§12-217o

Ch. 208 (Corporation Business Tax)

Neighborhood Assistance Act Program Tax Credit

§§12-631 through 12-638

Ch. 207 (Insurance Companies and Health Care Centers Tax)

Ch. 208 (Corporation Business Tax)

Ch. 209 (Air Carriers Tax)

Ch. 210 (Railroad Companies Tax)

Ch. 211 (Community Antenna Television Systems Tax)

Ch. 212 (Utility Companies Tax)

Credit can be earned by an entity subject to Business Entity tax imposed under Ch.213a but cannot be applied against tax imposed under Ch.213a.

Assignable to an affiliate for purposes of credits applied against the taxes imposed under Ch. 207 only.

Research and Development (Nonincremental) Expenses Tax Credit

§12-217n

Ch. 208 (Corporation Business Tax)

Exchangeable

Research and Experimental (Incremental) Expenditures Tax Credit

§12-217j

Ch. 208 (Corporation Business Tax)

Exchangeable

Second Insurance Reinvestment Fund Tax Credit

§38a-88a

§38a-743 (Surplus Lines Brokers Tax)

Ch. 207 (Insurance Companies and Health Care Centers Tax)

Assignable only to an affiliate

Service and Manufacturing Facilities Tax Credit

§12-217e

Ch. 208 (Corporation Business Tax)

Urban and Industrial Site Reinvestment Tax Credit

§32-9t

§38a-743 (Surplus Lines Brokers Tax)

Ch. 207 (Insurance Companies and Health Care Centers Tax)

Ch. 208 (Corporation Business Tax)

Ch. 208a (Unrelated Business Taxable Income Tax)

Ch. 209 (Air Carriers Tax)

Ch. 210 (Railroad Companies Tax)

Ch. 211 (Community Antenna Television Systems Tax)

Ch. 211a (Hospitals Tax)

Ch.211b (Dry Cleaning Tax)

Ch. 212 (Utility Companies Tax)

Ch. 212a (Public Service Companies Tax)

Assignable