Each municipality may abate one hundred per cent of the property taxes for improvements to real property in entertainment districts designated under section 32-76 or established under section 2 of public act 93-311* in each of the seven full assessment years following the assessment year in which the improvement is completed.
(P.A. 93-311, S. 5, 8; P.A. 94-247, S. 4, 8.)
*Note: Section 2 of public act 93-311 is special in nature and therefore has not been codified but remains in full force and effect according to its terms.
History: P.A. 93-311 effective July 1, 1993; P.A. 94-247 made real property located in entertainment districts established under Sec. 2 of public act 93-311 eligible for tax abatement, effective June 9, 1994.
Structure Connecticut General Statutes
Title 32 - Commerce and Economic and Community Development
Section 32-70. - Enterprise zones. Designation. Expansion.
Section 32-70b. - Municipal enterprise zone revitalization plan.
Section 32-70c. - Municipal enterprise zone advisory committees.
Section 32-70d. - Community enterprise zone boards.
Section 32-70e. - Financial assistance for neighborhood development in enterprise zones.
Section 32-70f. - Neighborhood economic development account.
Section 32-70g. - Knowledge center enterprise zones. Proposals. Regulations. Performance assessment.
Section 32-71. - Fixing of assessments in enterprise zones.
Section 32-71a. - Treatment of certain electric generating facilities.
Section 32-71b. - Treatment of certain electric generating facilities completed after July 1, 2002.
Section 32-75. - Certain business facilities not eligible.
Section 32-75a. - Railroad depot zones. Regulations.
Section 32-75d. - Airport development zones.
Section 32-80. - Enterprise corridor zones.
Section 32-80a. - Energy improvement districts. Definitions. Board.
Section 32-80b. - Energy improvement districts funding and revenue.