Bill Text: CT SB00213 | 2015 | General Assembly | Introduced

NOTE: There are more recent revisions of this legislation. Read Latest Draft

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Bill Title: An Act Concerning A Municipal Option For Property Tax Abatements For Public Service Company Infrastructure And Natural Gas Expansion.

Spectrum: Committee Bill

Status: (Introduced - Dead) 2015-06-02 - Senate Recommitted to Energy and Technology [SB00213 Detail]

Download: Connecticut-2015-SB00213-Introduced.html

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General Assembly		Proposed Bill No. 213
January Session, 2015		LCO No. 1572
		*01572*
Referred to Committee on ENERGY AND TECHNOLOGY
Introduced by:
SEN. FASANO, 34th Dist.

AN ACT ESTABLISHING A PARTIAL PROPERTY TAX EXEMPTION FOR NEWLY INSTALLED OR IMPROVED PUBLIC SERVICE COMPANY INFRASTRUCTURE.

Be it enacted by the Senate and House of Representatives in General Assembly convened:

That title 16 of the general statutes be amended to establish a partial property tax exemption for public service company infrastructure installed or improved after October 1, 2015.

Statement of Purpose:

To encourage public service company infrastructure upgrades and reduce the costs passed on to ratepayers.