General Assembly Proposed Bill No. 623
January Session, 2017 LCO No. 1688
*01688*
Referred to Committee on COMMERCE
Introduced by:
SEN. FASANO, 34th Dist. SEN. WITKOS, 8th Dist.
General Assembly
Proposed Bill No. 623
January Session, 2017
LCO No. 1688
*01688*
Referred to Committee on COMMERCE
Introduced by:
SEN. FASANO, 34th Dist.
SEN. WITKOS, 8th Dist.
AN ACT ESTABLISHING THE 7/7 PROGRAM TO ENCOURAGE THE REDEVELOPMENT OF BROWNFIELDS AND UNDERUTILIZED PROPERTY.
Be it enacted by the Senate and House of Representatives in General Assembly convened:
That chapter 588gg of the general statutes be amended to establish a program providing a series of income, sales and property tax incentives to property owners for redeveloping and utilizing brownfields and real property that has been abandoned or underutilized.
Statement of Purpose:
To establish a "7/7" program to encourage the development of brownfields and underutilized property.