Representative Simmons

Angel Investor Bill

Milford, CT  -- A bill that would expand investment eligibility under the state's angel investor tax credit program passed the House of Representatives on Wednesday. The measure passed 144-0 with 5 absent and not voting, according to the Connecticut General Assembly’s website In response, Brett Broesder, co-founder and vice president of Campaign for Tomorrow’s Jobs, said that angel investors bring much-needed capital to startups, as well as wisdom and experience, often playing a mentor role with companies in which they've chosen to invest. “Here's the bottom line: We need to grow Connecticut's economy, and by expanding eligibility under the angel investor tax credit program – a pro-growth, pro-job creation measure – we can show that our state means business when…

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