AN ACT ESTABLISHING A BUY CONNECTICUT PROGRAM FOR DEFENSE CONTRACTORS.

HB 6739 establishes a "Buy Connecticut" program that provides defense contractors with sales tax exemptions and research and development tax credits when they use in-state subcontractors and businesses. This directly affects defense contractors by offering financial incentives to source services locally within Connecticut. Key provisions include tax benefits that reduce costs for contractors meeting the in-state procurement requirement. The program aims to strengthen Connecticut's defense industry supply chain and support local economic activity through direct procurement incentives.