General Assembly Proposed Bill No. 144
February Session, 2012 LCO No. 755
Referred to Committee on Commerce
Introduced by:
SEN. LOONEY, 11th Dist.
General Assembly
Proposed Bill No. 144
February Session, 2012
LCO No. 755
Referred to Committee on Commerce
Introduced by:
SEN. LOONEY, 11th Dist.
AN ACT EXPANDING THE STATE'S TAX INCREMENTAL FINANCING PROGRAMS.
Be it enacted by the Senate and House of Representatives in General Assembly convened:
That the general statutes be amended to expand tax increment financing to include blended financing from property tax, sales tax and income tax.
Statement of Purpose:
To help finance building the infrastructure and developing projects to encourage business and institutional growth and job creation.