Bill Text: CT SB00397 | 2016 | General Assembly | Comm Sub

Connecticut Senate Bill 397 (Prior Session Legislation)

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

Bill Title: An Act Concerning A Municipal Option For Property Tax Abatements For Arts And Culture.

Spectrum: Committee Bill

Status: (Vetoed) 2016-06-20 - Immediate Transmittal to the House [SB00397 Detail]

Download: Connecticut-2016-SB00397-Comm_Sub.html


General Assembly		*Raised Bill No. 397*
*February Session, 2016*		LCO No. 2669
		_____SB00397CE____031816____
Referred to Committee on COMMERCE
Introduced by:
(CE)

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, 2016, and applicable to assessment years commencing on or after October 1, 2016) Any municipality may, by vote of its legislative body or, in a municipality where the legislative body is a town meeting, by vote of the board of selectmen, abate up to one hundred per cent of the property taxes due for any property used for arts or culture, including, but not limited to, art galleries, art studios, installation galleries, movie theaters, performance venues and retailers catering to or relating to the arts.


This act shall take effect as follows and shall amend the following sections:
Section 1	October 1, 2016, and applicable to assessment years commencing on or after October 1, 2016	New section