Connecticut 2011 Regular Session

Connecticut Senate Bill SB00407 Compare Versions

Only one version of the bill is available at this time.
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11 General Assembly Proposed Bill No. 407
22 January Session, 2011 LCO No. 1219
33 Referred to Committee on Planning and Development
44 Introduced by:
55 SEN. KANE, 32nd Dist.
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77 General Assembly
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99 Proposed Bill No. 407
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1111 January Session, 2011
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1313 LCO No. 1219
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1515 Referred to Committee on Planning and Development
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1717 Introduced by:
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1919 SEN. KANE, 32nd Dist.
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2121 AN ACT CONCERNING TAX ABATEMENTS FOR NEW BUSINESSES OCCUPYING VACANT PROPERTY.
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2323 Be it enacted by the Senate and House of Representatives in General Assembly convened:
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2525 That the general statutes be amended to authorize a municipality to abate real estate taxes or personal property taxes of new start-up businesses that will occupy vacant commercial buildings in such municipality.
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2727 Statement of Purpose:
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2929 To encourage new commercial uses of vacant properties through tax abatements.