Bill Text: CT SB00534 | 2013 | General Assembly | Introduced


Bill Title: An Act Concerning Tax Abatements For New Businesses Occupying Vacant Property.

Sponsorship: Partisan Bill (Republican 1)

Status: (Introduced - Dead) 2013-02-05 - Change of Reference, House to Committee on Finance, Revenue and Bonding [SB00534 Detail]

Download: Connecticut-2013-SB00534-Introduced.html

General Assembly

 

Proposed Bill No. 534

 

January Session, 2013

 

LCO No. 902

   

Referred to Committee on COMMERCE

 

Introduced by:

 

SEN. KANE, 32nd Dist.

 

AN ACT CONCERNING TAX ABATEMENTS FOR NEW BUSINESSES OCCUPYING VACANT PROPERTY.

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

That title 12 of the general statutes be amended to authorize a municipality to abate real estate taxes or personal property taxes of start-up businesses that will occupy vacant commercial buildings.

Statement of Purpose:

To provide tax abatements for the use of vacant properties by start-up businesses.

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