Connecticut 2025 Regular Session

Connecticut House Bill HB06424 Compare Versions

Only one version of the bill is available at this time.
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33 LCO No. 3436 1 of 1
44
55 General Assembly Proposed Bill No. 6424
66 January Session, 2025
77 LCO No. 3436
88
99
1010 Referred to Committee on PLANNING AND DEVELOPMENT
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1313 Introduced by:
1414 REP. DOUCETTE, 13th Dist.
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1818 AN ACT CONCERNING A PROPERTY TAX ABATEMENT AND
1919 PAYMENT IN LIEU OF TAXES FOR SHOPPING MALLS CONVERTED
2020 TO RESIDENTIAL USE.
2121 Be it enacted by the Senate and House of Representatives in General
2222 Assembly convened:
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2424 That title 12 of the general statutes be amended to (1) establish a 1
2525 property tax abatement for shopping malls that are converted to 2
2626 residential use, and (2) provide payment in lieu of taxes to reimburse 3
2727 municipalities for resulting lost property tax revenue. 4
2828 Statement of Purpose:
2929 To (1) establish a property tax abatement for shopping malls that are
3030 converted to residential use, and (2) provide payment in lieu of taxes to
3131 reimburse municipalities for resulting lost property tax revenue.