Amazon Plans to Invest $50 million in State; Revenue Collection to Begin in November
(HARTFORD, CT) – Gov. Dannel P. Malloy and Amazon today announced that over the next two years, Amazon will invest $50 million in Connecticut and create hundreds of new full-time jobs. The Governor made the announcement at the same time that he announced an agreement under which Amazon will begin collecting sales tax revenue in the state.
“All in all, this is a win for our state’s taxpayers, our main street retailers, and our workforce,” Malloy said. “Amazon’s multi-million dollar investment and the hundreds of jobs that will come with both the construction and operation of their future facility will unquestionably boost our local economy. Their agreement to begin collecting revenue is a great step, but federal action on this issue is still necessary.”
“These are two more significant steps that our administration is making to create jobs and maximize our revenues whenever possible,” Lt. Gov. Nancy Wyman said. “This will both put people to work and help balance the budget, and we welcome Amazon as our newest partner in our effort to create long-term prosperity for Connecticut.”