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CT HB05278

Bill

Status

Introduced

2/22/2024

Primary Sponsor

Planning and Development Committee

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Origin

House of Representatives

2024 General Assembly

AI Summary

  • Increases planning grant funding from 50% to 100% of planning costs for municipalities undertaking transit-oriented development projects, as defined in section 13b-79o, if the commissioner determines substantial likelihood the project will be completed.

  • Maintains existing 100% planning grant funding for distressed municipalities as defined in section 32-9p.

  • Municipal share of planning costs may continue to be paid through noncash contributions with value determined by the commissioner.

  • Requires the Secretary of the Office of Policy and Management to consider areas suitable for transit-oriented development when making recommendations for priority funding area boundaries in the state.

  • Effective date of October 1, 2024 for amendments to sections 8-190 and 16a-35c(b) of the general statutes.

Legislative Description

An Act Concerning Incentives For Transit-oriented Development.

Last Action

File Number 403

4/10/2024

Committee Referrals

Planning and Development2/22/2024

Full Bill Text

No bill text available