The proposed bill, General Assembly Proposed Bill No. 98, aims to establish a tax credit for dairy farmers in Connecticut, modeled after the existing Massachusetts dairy farmer tax credit. This initiative seeks to provide financial support to local dairy farmers, thereby promoting the agricultural sector within the state.
The bill involves an amendment to the general statutes, specifically inserting new legal language to create the tax credit for dairy farmers. There are no deletions from current law mentioned in the text of the bill. The overall goal is to enhance the economic viability of dairy farming in Connecticut by offering a tax incentive to those in the industry.