Connecticut House Bill HB06606

Connecticut 2021 Regular Session

• Introduced: 3/10/21
• Refer: 3/10/21
• Report Pass: 3/22/21
• Refer: 4/1/21
• Report Pass: 4/8/21
• Engrossed: 5/18/21
• Report Pass: 5/20/21
• Passed: 6/9/21
• Chaptered: 6/25/21
• Enrolled: 6/28/21
• Passed: 7/13/21

Caption

An Act Concerning Economic Development In Distressed Municipalities And The Renovation Of Historic Mixed-use Buildings.

Impact

To further support the initiative, the bill establishes a task force tasked with identifying impediments to the renovation of historic mixed-use buildings. This task force will explore available financing options, existing building safety codes, and potential training programs for small real estate developers. The inclusion of diverse members, including experts in historic architecture and real estate financing, signifies a comprehensive approach aimed at tackling barriers to renovation and economic revitalization in these areas.

Summary

House Bill 06606 aims to promote economic development in distressed municipalities within the state and facilitate the renovation of historic mixed-use buildings. The bill mandates the Commissioner of Economic and Community Development to conduct a study on economic development issues affecting these municipalities and opportunity zones, with a report due by February 1, 2022. This research is expected to uncover the unique challenges and potential solutions for invigorating economic growth in areas that are currently underserved.

Sentiment

The general sentiment surrounding HB 06606 is supportive, with acknowledgment of the importance of historic buildings in contributing to the cultural and economic fabric of the community. Legislators seem to recognize the potential for this bill to not only restore these structures but also to stimulate local economies. While there may be concerns about the implementation process and the effectiveness of the programs suggested, the overall focus remains on fostering a proactive environment for economic growth.

Contention

Notable points of contention may arise concerning the balance between preservation efforts and modern economic development needs. Critics may also question whether the task force will adequately address the specific requirements of various municipalities or if it will impose a one-size-fits-all solution. The effectiveness of the training programs proposed, and their actual utility in facilitating renovations, could also be a point of debate as stakeholders discuss the nuances involved in historic building rehabilitation.