Connecticut 2013 Regular Session

Connecticut Senate Bill SB00949 Compare Versions

Only one version of the bill is available at this time.
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11 General Assembly Raised Bill No. 949
22 January Session, 2013 LCO No. 3440
33 *03440_______ET_*
44 Referred to Committee on ENERGY AND TECHNOLOGY
55 Introduced by:
66 (ET)
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88 General Assembly
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1010 Raised Bill No. 949
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1212 January Session, 2013
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1414 LCO No. 3440
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1616 *03440_______ET_*
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1818 Referred to Committee on ENERGY AND TECHNOLOGY
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2020 Introduced by:
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2222 (ET)
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2424 AN ACT ESTABLISHING COMMERCIAL AND INDUSTRIAL PROPERTY TAX EXEMPTIONS FOR CLEAN ENERGY PROJECTS.
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2626 Be it enacted by the Senate and House of Representatives in General Assembly convened:
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2828 Section 1. Section 12-81 of the general statutes is amended by adding subdivision (78) as follows (Effective from passage and applicable to assessment years commencing on or after October 1, 2011):
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3030 (NEW) (78) (A) Subject to authorization of the exemption by ordinance in any municipality, any clean energy project at a commercial or industrial property installed on or after July 1, 2011, provided this exemption shall only apply to the (i) increased value of the commercial or industrial property attributable to the clean energy project, and (ii) first fifteen assessment years following development of such clean energy project;
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3232 (B) As used in this subdivision, (i) "clean energy project" means any project at a commercial or industrial property that supports, promotes or stimulates demand for or deployment of clean energy, as defined in subsection (a) of section 16-245n, and (ii) "commercial or industrial property" means any real property other than a residential dwelling containing less than five dwelling units; and
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3434 (C) Any person claiming the exemption provided in this subdivision for any assessment year shall file with the assessor or board of assessors in the town in which such commercial or industrial property is located a written application claiming such exemption, provided (i) such application is filed on or before the first day of November in such assessment year, or (ii) for assessment years beginning October 1, 2011, or October 1, 2012, such application is filed on or before November 1, 2013. Failure to file such application in the manner and form as provided by such assessor or board within the time limit prescribed shall constitute a waiver of the right to such exemption for such assessment year. Such application shall not be required for any assessment year following that for which the initial application is filed, provided if such clean energy project is altered in a manner which would require a building permit, such alteration shall be deemed a waiver of the right to such exemption until a new application, applicable with respect to such altered system, is filed and the right to such exemption is established as required initially.
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3939 This act shall take effect as follows and shall amend the following sections:
4040 Section 1 from passage and applicable to assessment years commencing on or after October 1, 2011 12-81
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4242 This act shall take effect as follows and shall amend the following sections:
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4444 Section 1
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4646 from passage and applicable to assessment years commencing on or after October 1, 2011
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4848 12-81
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5050 Statement of Purpose:
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5252 To exempt from property tax any clean energy project installed at a commercial or industrial property.
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5454 [Proposed deletions are enclosed in brackets. Proposed additions are indicated by underline, except that when the entire text of a bill or resolution or a section of a bill or resolution is new, it is not underlined.]