Sec. 12-211a. Limit on credits under this chapter. - Connecticut Statutes

      Sec. 12-211a. Limit on credits under this chapter. Notwithstanding any provision of the general statutes, the amount of tax credit or credits otherwise allowable against the tax imposed under this chapter for any income year shall not exceed seventy per cent of the amount of tax due from such taxpayer under this chapter with respect to such income year of the taxpayer prior to the application of such credit or credits.

      (June 30 Sp. Sess. P.A. 03-1, S. 86.)

      History: June 30 Sp. Sess. P.A. 03-1 effective August 16, 2003.