Connecticut Administrative Code
Title 12 - Taxation
217y - Hiring Incentive Tax Credit Program
Section 12-217y-4 - Allocation of tax credit

If the Commissioner approves the application, and the maximum number of allowable tax credit reservations for that fiscal year has not yet been allocated, the Commissioner shall allocate and reserve an amount of tax credits for such firm as provided in subsections (e) and (f) of section 12-217y-3 of the Regulations of Connecticut State Agencies. If tax credit reservations remain available at the close of the application period, additional tax credit reservations may then be approved by date of request up to the maximum available credits remaining.