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CT HB06424
Bill
Status
Introduced
1/23/2025
Primary Sponsor
Jason Doucette
Click for details
AI Summary
- Establishes a property tax abatement for shopping malls that are converted to residential use
- Creates a payment in lieu of taxes (PILOT) program to reimburse municipalities for lost property tax revenue resulting from these conversions
- Amends Title 12 of the Connecticut general statutes governing taxation
- Introduced by Rep. Doucette (13th District) and referred to the Planning and Development Committee
Legislative Description
An Act Concerning A Property Tax Abatement And Payment In Lieu Of Taxes For Shopping Malls Converted To Residential Use.
Last Action
Public Hearing 02/19
2/14/2025
Committee Referrals
Planning and Development1/23/2025
Full Bill Text
No bill text available