LCO No. 2764 1 of 1
General Assembly Proposed Bill No. 6121
January Session, 2025
LCO No. 2764
Referred to Committee on HOUSING
Introduced by:
REP. WELANDER, 114th Dist.
AN ACT ESTABLISHING A TAX CREDIT FOR THE CONVERSION OF
VACANT COMMERCIAL BUILDINGS TO RESIDENTIAL
DEVELOPMENTS.
Be it enacted by the Senate and House of Representatives in General
Assembly convened:
That the general statutes be amended to establish a tax credit for 1
owners who convert vacant commercial buildings into residential 2
developments, provided twenty-five per cent of all proposed dwelling 3
units are affordable housing dwelling units. 4
Statement of Purpose:
To establish a tax credit for the conversion of vacant commercial
buildings to residential developments, provided twenty-five per cent of
all proposed dwelling units are affordable housing.