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CT HB05986

Bill

Official Source

Status

Introduced

1/22/2015

Primary Sponsor

Gail Lavielle

Click for details

Origin

House of Representatives

2015 General Assembly

AI Summary

  • Extends enterprise zone benefits to businesses located in or relocating to municipalities with populations greater than 100,000
  • Requires participating businesses to hire previously unemployed residents from those cities
  • Provides 10-year property tax exemptions for qualifying businesses
  • Provides 10-year corporate tax exemptions for qualifying businesses
  • Aims to stimulate economic development and job creation in Connecticut's largest cities

Legislative Description

An Act Extending Enterprise Zone Benefits And Tax Exemptions To Businesses In Connecticut's Cities.

Last Action

Public Hearing 02/19

2/11/2015

Committee Referrals

Commerce1/22/2015

Full Bill Text

No bill text available