AN ACT CONCERNING THE ANGEL INVESTOR TAX CREDIT PROGRAM.

This bill creates a working group to study Connecticut's angel investor tax credit program, which provides tax incentives to investors who fund early-stage businesses. The group will include representatives from the commerce committee, Connecticut Innovations, and the Economic and Community Development office, and will review past audit findings related to the program's administration. Members must meet within 60 days of the bill's passage and submit their findings and recommendations by January 1, 2027. The bill does not change how the tax credit works itself but instead sets up a review process to examine how the program has been managed.