CT HB05477

Allows municipalities to adopt ordinances providing real property tax abatement on land that meets greenway designation criteria under Connecticut General Statutes Section 23-102(b).

Applies tax abatement to terrestrial recreational trails with clearly defined corridors not exceeding 100 feet in width at the widest point.

Requires land subject to tax abatement to be under a conservation easement conveyed by the owner to a municipality, the state, or a nonprofit land conservation organization.

Defines "nonprofit land conservation organization" as tax-exempt organizations under Internal Revenue Code Section 501(c)(3).

Effective October 1, 2020, applicable to assessment years commencing on or after October 1, 2020.