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CT SB00783
Bill
Status
Introduced
1/28/2013
Primary Sponsor
Theresa Gerratana
Click for details
AI Summary
- Allows distressed municipalities to create and modify boundaries of one or more underutilized development zones within their jurisdiction
- Enables municipalities to tax underutilized property at higher rates than developed property within these zones
- Designed to incentivize development of unproductive properties by creating a financial disincentive for leaving land undeveloped
- Referred to Committee on Planning and Development during January 2013 General Assembly session
Legislative Description
An Act Concerning Underutilized Development Zones.
Last Action
Public Hearing 02/13
2/7/2013
Committee Referrals
Planning and Development1/28/2013
Full Bill Text
No bill text available