Connecticut 2019 Regular Session

Connecticut House Bill HB05356 Compare Versions

Only one version of the bill is available at this time.
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33 LCO No. 938 1 of 1
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55 General Assembly Proposed Bill No. 5356
66 January Session, 2019
77 LCO No. 938
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1010 Referred to Committee on PLANNING AND DEVELOPMENT
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1313 Introduced by:
1414 REP. ZAWISTOWSKI, 61st Dist.
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1818 AN ACT EXEMPTING CERTAIN TANGIBLE PERSONAL PROPERTY
1919 OWNED BY A BUSINESS FROM PROPERTY TAXATION.
2020 Be it enacted by the Senate and House of Representatives in General
2121 Assembly convened:
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2323 That section 12-81 of the general statutes be amended to exempt 1
2424 from the property tax any tangible personal property owned by a 2
2525 business, provided the property is more than ten years old and was 3
2626 originally valued at not more than one thousand dollars. 4
2727 Statement of Purpose:
2828 To provide tax relief to businesses.