CT HB06482

Allows municipalities with populations of 100,000 or more to establish green business zones and designate which businesses qualify as green businesses.

Provides green business benefits including 50-80% property tax exemptions for seven years, eligibility for accelerated depreciation on personal property, and expedited permitting from the Department of Energy and Environmental Protection and Department of Public Health.

Increases grants to up to $15,000 for green businesses using subsidized training and employment programs for hiring employees for six-month periods.

Defines "green business" as an entity creating 10 or more full-time equivalent jobs within a zone that meets at least two criteria: manufacturing/selling environmentally related products or services, recycling/reusing materials, reducing greenhouse gas emissions, or remediating contaminated sites.

Requires the Department of Energy and Environmental Protection and Department of Public Health to establish expedited permitting regulations by January 1, 2016.