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CT HB06347
Bill
Status
Introduced
1/22/2015
Primary Sponsor
Aundre Bumgardner
Click for details
AI Summary
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Directs the Department of Transportation, Department of Economic and Community Development, and Office of Policy and Management to jointly study the feasibility of land value capture as a funding mechanism for infrastructure projects.
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Includes rail upgrades and current and future transit-oriented development corridors as potential projects that could be funded through land value capture.
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Aims to examine the public policy implications of implementing land value capture in Connecticut for long-term transportation infrastructure funding.
Legislative Description
An Act Concerning A Study Of Land Value Capture.
Last Action
Public Hearing 02/23
2/19/2015
Committee Referrals
Transportation1/22/2015
Full Bill Text
No bill text available