General Assembly Proposed Bill No. 6365
January Session, 2017 LCO No. 2749
*02749*
Referred to Committee on FINANCE, REVENUE AND BONDING
Introduced by:
REP. ZAWISTOWSKI, 61st Dist.
General Assembly
Proposed Bill No. 6365
January Session, 2017
LCO No. 2749
*02749*
Referred to Committee on FINANCE, REVENUE AND BONDING
Introduced by:
REP. ZAWISTOWSKI, 61st Dist.
AN ACT EXEMPTING A PORTION OF BUSINESSES' TANGIBLE PERSONAL PROPERTY FROM THE PROPERTY TAX.
Be it enacted by the Senate and House of Representatives in General Assembly convened:
That chapter 203 of the general statutes be amended to exempt a business's tangible personal property that is assessed at an aggregate value of two thousand five hundred dollars or less from the property tax.
Statement of Purpose:
To assist businesses by exempting tangible personal property assessed at an aggregate value of two thousand five hundred dollars or less from the property tax.