We wanted to use this last post of the year to wish all who of you who read Manufacturing Law Blog a wonderful holiday season, and a very happy, safe and healthy New Year!

We will be posting in early January our collective thoughts on the issues that we think will be of interest to

Today Governor Malloy signed legislation that expanded Connecticut’s Manufacturing Reinvestment Account (MRA) program, doubling the amount of tax benefits available and expanding the definition.  In 2010, Connecticut was the first state in the nation to begin offering MRA’s which are similar to individual retirement accounts for businesses. 

The tax benefit of establishing an MRA includes