IMPLEMENTATION LEVEL

Subnational

AFFECTED FLOW

Inflow

ANNOUNCED AS TEMPORARY

No

NON-TRADE-RELATED RATIONALE

No

ELIGIBLE FIRMS

firm-specific

JUMBO

No

TARIFF PEAK

No
← back to the state act
Inception date: 08 Jun 2017 | Removal date: open ended
Still in force

Tax or social insurance relief

On June 8, 2017, Governor Dannel P. Malloy announced that Amazon would expand its presence in Connecticut with the creation of a new fulfilment center in North Haven. The company plans to spend $255 million on the project. The Department of Economic and Community Development (DECD) is supporting the project through its First Five Plus program. The company will be eligible to earn up to $15 million in Urban and Industrial Sites Reinvestment tax credits if certain job creation and capital investment milestones are reached. An additional $5 million in credits may be available if the company surpasses initial job targets. The company may also be eligible for a sales and use tax exemption of up to $5 million on equipment and construction materials.

AFFECTED COUNTRIES

MAP
TABLE
EXPORT

AFFECTED SECTORS AND PRODUCTS

623 Mail order or Internet retail trade services

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