# Connecticut HB 05008: AN ACT ESTABLISHING A SMALL BUSINESS TAX CREDIT.

Connecticut HB 05008, AN ACT ESTABLISHING A SMALL BUSINESS TAX CREDIT., is a 2026 Regular Session House bill sponsored by Vincent J. Candelora (Republican); status failed, last action 2026-02-04 (Referred to Joint Committee on Finance, Revenue and Bonding) (as of 2026-11-01).

- Canonical: https://policyrisk.com/state-bill/CT-HB05008-2026
- As of: 2026-11-01
- Plain-text twin of the page above; the HTML and this file carry the same facts.

## Facts
- Bill: Connecticut HB 05008
- State: Connecticut
- Session: 2026 Regular Session
- Title: AN ACT ESTABLISHING A SMALL BUSINESS TAX CREDIT.
- Status: failed
- Chamber: House
- Introduced: 2026-02-04
- Last action: 2026-02-04, Referred to Joint Committee on Finance, Revenue and Bonding
- Sponsor: Vincent J. Candelora (Republican)
- Cosponsors: 17
- Subjects: finance, revenue and bonding
- Touches household money: no
- Economic provisions PRIA read: 0

## Summary

To establish a tax credit for small businesses of two thousand eighty dollars per full-time equivalent employee.

## Bill overview

No economic impacts identified for this bill.

## Sponsors and cosponsors

- Sponsor: Vincent J. Candelora (Republican), House
- Cosponsor: Amy Romano (Republican), House
- Cosponsor: Ben McGorty (Republican), House
- Cosponsor: Craig C. Fishbein (Republican), House
- Cosponsor: David Rutigliano (Republican), House
- Cosponsor: Devin R. Carney (Republican), House
- Cosponsor: Gale L. Mastrofrancesco (Republican), House
- Cosponsor: Greg S. Howard (Republican), House
- Cosponsor: Jaime S. Foster (Democratic), House
- Cosponsor: James Sanchez (Democratic), House
- Cosponsor: Lezlye Zupkus (Republican), House
- Cosponsor: Marcus Brown (Democratic), House
- Cosponsor: Mark W. Anderson (Republican), House
- Cosponsor: Mitch Bolinsky (Republican), House
- Cosponsor: Tami Zawistowski (Republican), House
- Cosponsor: Tim Ackert (Republican), House
- Cosponsor: Tom Delnicki (Republican), House
- Cosponsor: Tom O'Dea (Republican), House

## Bill text

- Proposed Bill, 2026-02-04: [PDF](https://www.cga.ct.gov/2026/TOB/H/PDF/2026HB-05008-R00-HB.PDF)

## Related bills

- SB 00488: AN ACT IMPLEMENTING THE TREASURER'S RECOMMENDATIONS FOR REVISIONS TO THE UNCLAIMED PROPERTY PROGRAM AND SECOND INJURY FUND. (signed)
- SB 00484: AN ACT CONCERNING DISTRACTED DRIVING AND THE SAFE OPERATION OF A MOTOR VEHICLE IN A HIGHWAY WORK ZONE. (signed)
- SB 00475: AN ACT CONCERNING JUDICIAL BRANCH OPERATIONS. (signed)
- SB 00444: AN ACT AUTHORIZING CERTAIN MUNICIPAL EMPLOYEES TO SERVE ON MUNICIPAL BOARDS OF FINANCE. (signed)
- SB 00391: AN ACT CONCERNING THE AVAILABILITY OF BREAST CANCER SCREENING, DIAGNOSIS AND TREATMENT SERVICES FOR WOMEN COMMITTED TO THE CUSTODY OF THE DEPARTMENT OF CORRECT… (signed)
- SB 00400: AN ACT CONCERNING PROBATE COURT OPERATIONS. (signed)

## Sources
- [Proposed Bill (PDF)](https://www.cga.ct.gov/2026/TOB/H/PDF/2026HB-05008-R00-HB.PDF)

## Related
- [SB 00488: AN ACT IMPLEMENTING THE TREASURER'S RECOMMENDATIONS FOR REVISIONS TO THE UNCLAI…](https://policyrisk.com/state-bill/CT-SB00488-2026)
- [SB 00484: AN ACT CONCERNING DISTRACTED DRIVING AND THE SAFE OPERATION OF A MOTOR VEHICLE…](https://policyrisk.com/state-bill/CT-SB00484-2026)
- [SB 00475: AN ACT CONCERNING JUDICIAL BRANCH OPERATIONS.](https://policyrisk.com/state-bill/CT-SB00475-2026)
- [SB 00444: AN ACT AUTHORIZING CERTAIN MUNICIPAL EMPLOYEES TO SERVE ON MUNICIPAL BOARDS OF…](https://policyrisk.com/state-bill/CT-SB00444-2026)
- [SB 00391: AN ACT CONCERNING THE AVAILABILITY OF BREAST CANCER SCREENING, DIAGNOSIS AND TR…](https://policyrisk.com/state-bill/CT-SB00391-2026)
- [SB 00400: AN ACT CONCERNING PROBATE COURT OPERATIONS.](https://policyrisk.com/state-bill/CT-SB00400-2026)
- [Connecticut bills](https://policyrisk.com/states/connecticut/bills)
- [Connecticut state hub](https://policyrisk.com/states/connecticut)
- [All state legislation](https://policyrisk.com/state-bills)

Source: PRIA, https://policyrisk.com/state-bill/CT-HB05008-2026 (as of 2026-11-01).