LCO 3604 \\PRDFS1\SCOUSERS\FORZANOF\WS\2019SB-00518-R02- SB.docx 1 of 2 General Assembly Committee Bill No. 518 January Session, 2019 LCO No. 3604 Referred to Committee on PLANNING AND DEVELOPMENT Introduced by: (PD) AN ACT CONCERNING A MUNICIPAL OPTION FOR PROPERTY TAX ABATEMENTS FOR ARTS AND CULTURE. Be it enacted by the Senate and House of Representatives in General Assembly convened: Section 1. (NEW) (Effective October 1, 2019, and applicable to assessment 1 years commencing on or after October 1, 2019) Any municipality may, by 2 vote of its legislative body, or, in a municipality where the legislative 3 body is a town meeting, by vote of the board of selectmen, abate up to 4 one hundred per cent of the property taxes due for any real property 5 used for arts or culture, including, but not limited to, art galleries, art 6 studios, installation galleries, performance venues and retailers 7 catering to or relating to the arts. 8 This act shall take effect as follows and shall amend the following sections: Section 1 October 1, 2019, and applicable to assessment years commencing on or after October 1, 2019 New section Committee Bill No. 518 LCO 3604 {\\PRDFS1\SCOUSERS\FORZANOF\WS\2019SB-00518- R02-SB.docx } 2 of 2 PD Joint Favorable