CT SB00116

Municipalities may abate personal property taxes for businesses affected by major construction activities, subject to approval by the legislative body or board of selectmen.

"Major construction activity" includes sewer projects, water supply system improvements, and road construction or repair projects that interrupt normal business operations for six consecutive months or longer.

Businesses must apply for tax abatement no later than 30 days before the tax due date, or within 10 days after taxes are determined if that date has not yet occurred.

The abatement applies to personal property taxes for the tax year immediately following the calendar year in which the major construction activity occurred.

Effective October 1, 2014, for assessment years beginning on or after that date.