# Connecticut SB 00120: AN ACT CONCERNING THE FIXED CAPITAL TAX CREDIT.

Connecticut SB 00120, AN ACT CONCERNING THE FIXED CAPITAL TAX CREDIT., is a 2025 Regular Session Senate bill sponsored by Paul Cicarella (Republican); status failed, last action 2025-01-08 (Referred to Joint Committee on Finance, Revenue and Bonding) (as of 2026-10-17).

- Canonical: https://policyrisk.com/state-bill/CT-SB00120-2025
- As of: 2026-10-17
- Plain-text twin of the page above; the HTML and this file carry the same facts.

## Facts
- Bill: Connecticut SB 00120
- State: Connecticut
- Session: 2025 Regular Session
- Title: AN ACT CONCERNING THE FIXED CAPITAL TAX CREDIT.
- Status: failed
- Chamber: Senate
- Introduced: 2025-01-08
- Last action: 2025-01-08, Referred to Joint Committee on Finance, Revenue and Bonding
- Sponsor: Paul Cicarella (Republican)
- Cosponsors: 0
- Subjects: finance, revenue and bonding
- Touches household money: no
- Economic provisions PRIA read: 0

## Summary

To increase the amount of the fixed capital tax credit to twenty-five per cent and expand the definition of "fixed capital" to include nonresidential buildings and structures, and certain construction costs and improvements to land in areas zoned for industrial or agricultural use.

## Bill overview

No economic impacts identified for this bill.

## Sponsors and cosponsors

- Sponsor: Paul Cicarella (Republican), Senate

## Actions (1)

- 2025-01-08: Referred to Joint Committee on Finance, Revenue and Bonding (legislature)

## Bill text

- Proposed Bill, 2025-01-08: [PDF](https://www.cga.ct.gov/2025/TOB/S/PDF/2025SB-00120-R00-SB.PDF)

## Related bills

- HB 05013: AN ACT ADDING CERTAIN PLANTS TO THE INVASIVE PLANTS LIST. (signed)
- SB 01558: AN ACT CONCERNING INCOME TAXES IMPOSED BY OTHER JURISDICTIONS ON RESIDENTS OF THE STATE. (signed)
- SB 01396: AN ACT CONCERNING EARNED BUT UNPAID WAGE OR SALARY INCOME ADVANCES. (signed)
- SB 01187: AN ACT CONCERNING FORECLOSURE, ASSIGNMENT AND OTHER ENFORCEMENT ACTIONS FOR UNPAID SEWER ASSESSMENTS AND OTHER FEES AND CHARGES. (signed)
- HB 07236: AN ACT CONCERNING HUMAN TRAFFICKING AND SEXUAL ASSAULT VICTIMS. (signed)
- HB 07192: AN ACT IMPLEMENTING RECOMMENDATIONS OF THE BIPARTISAN DRUG TASK FORCE. (signed)

## Sources
- [Proposed Bill (PDF)](https://www.cga.ct.gov/2025/TOB/S/PDF/2025SB-00120-R00-SB.PDF)

## Related
- [HB 05013: AN ACT ADDING CERTAIN PLANTS TO THE INVASIVE PLANTS LIST.](https://policyrisk.com/state-bill/CT-HB05013-2025)
- [SB 01558: AN ACT CONCERNING INCOME TAXES IMPOSED BY OTHER JURISDICTIONS ON RESIDENTS OF T…](https://policyrisk.com/state-bill/CT-SB01558-2025)
- [SB 01396: AN ACT CONCERNING EARNED BUT UNPAID WAGE OR SALARY INCOME ADVANCES.](https://policyrisk.com/state-bill/CT-SB01396-2025)
- [SB 01187: AN ACT CONCERNING FORECLOSURE, ASSIGNMENT AND OTHER ENFORCEMENT ACTIONS FOR UNP…](https://policyrisk.com/state-bill/CT-SB01187-2025)
- [HB 07236: AN ACT CONCERNING HUMAN TRAFFICKING AND SEXUAL ASSAULT VICTIMS.](https://policyrisk.com/state-bill/CT-HB07236-2025)
- [HB 07192: AN ACT IMPLEMENTING RECOMMENDATIONS OF THE BIPARTISAN DRUG TASK FORCE.](https://policyrisk.com/state-bill/CT-HB07192-2025)
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Source: PRIA, https://policyrisk.com/state-bill/CT-SB00120-2025 (as of 2026-10-17).