There is a $100,000 minimum instate spend for the state. 

50% of principal photography days or 50% of post-production expenses must occur in Connecticut. 

The tax credit amount depends on the amount of qualifying production expenses per project:

-10% for qualifying production expenses of $100,000 to $500,000.
-15% for qualifying production expenses of $500,001 to $1,000,000.
-30% for qualifying production expenses over $1,000,000.

Productions should submit an eligibility application to the Department of Economic and Community Development (DECD) no later than 90 days after the first qualified production expense or cost has been incurred in Connecticut.

The application must be submitted in hard copy and include an administrative fee of 1% of the anticipated credit (the minimum fee is $200, while the maximum is $5,000) and other required information in order to be considered complete.

*While there is no project cap, total star talent compensation is capped at $20,000,000.

Exceptions can be made, though there is a suspension on theatrically released feature films as an eligible production type. However, TV movies can still apply. 

Eligibility applications must be submitted on an annual basis.

All loan out companies must register with the Connecticut Department of Revenue Service (DRS) and provide Confirmation of Registration issued by the DRS. Loan out companies are also required to register with the Connecticut Secretary of the State.

Each tax credit has a carry-forward of 5 years.

Tax credit vouchers may be sold, assigned, or transferred to one or more taxpayers, in whole or in part, up to a maximum of 3 times as long as the tax credit has not been claimed previously.