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CT HB05447

Bill

Official Source

Status

Introduced

1/11/2017

Primary Sponsor

Scott Storms

Click for details

Origin

House of Representatives

2017 General Assembly

AI Summary

  • Amends Chapter 105b of the General Statutes to require municipalities with established tax increment districts to create a tax increment financing oversight board
  • Oversight board shall provide management and oversight of the tax increment district operations
  • Board must recommend actions to both the municipal legislative body and the municipality's fiscal authority
  • Purpose is to promote proper, orderly, and consistent development of tax increment districts

Legislative Description

An Act Concerning Tax Increment Districts.

Last Action

Public Hearing 02/15

2/9/2017

Committee Referrals

Planning and Development1/11/2017

Full Bill Text

No bill text available