LEGISLATIVELY GRANTED DEADLINE EXTENSIONS

OLR Research Report


June 28, 2002		2002-R-0553
LEGISLATIVELY GRANTED DEADLINE EXTENSIONS
By: John Moran, Associate Analyst

You asked for a list of instances over the last five years in which the legislature enacted bills extending the deadline for:

1. municipalities and corporations to apply for grants or other financial assistance, or

2. municipalities to conduct revaluations.

The extensions for municipal and corporate financial assistance (including school construction grants) are addressed in the report's first three sections. Municipal revaluation extensions are in the fourth section.

EXTENSIONS FOR MUNICIPAL REIMBURSEMENT FOR PROPERTY TAX BREAKS

The deadline extensions in Table 1 are for several economic development programs that provide property tax breaks for businesses by requiring towns to provide tax abatements to those eligible and the state reimburses the towns for tax revenue lost due to the abatements.

Table 1: Acts Providing Filing Extensions for Property Tax Reimbursement Programs

*Act*	*Town*	*Program*
PA 02-15	Bloomfield, Bristol, Granby, Milford, Norwalk, Shelton, and Watertown	Manufacturing machinery and equipment exemption (various grand list years)
PA 02-15	Bridgeport, Meriden, New Milford	New commercial truck exemption (various grand list years)
PA 01-187	Hartford, New Haven, Norwalk, Milford, and Killingly	Manufacturing property in distressed municipalities, target investment communities (TIC), and enterprise zones (EZ)
PA 01-187	Guilford, Hamden, Milford, Newington, Stafford, West Haven, Newington, Waterbury, Farmington, Stamford, and Windsor	Manufacturing machinery and equipment exemption
PA 00-192	Towns with populations greater than 100,000	Manufacturing property exemption in distressed municipalities, TICs, and EZs for grand list years 1995, 1996, and 1997
PA 00-192	All distressed municipalities	Machinery and equipment exemption for assessment year 1994
PA 00-192	Madison, Meriden, Milford, and Waterbury	Machinery and equipment exemption (various grand list years for each town)
PA 00-192	Hartford, Meriden	Property tax exemption (various grand list years for each town)
PA 00-192	Enterprise corridor towns	Property tax exemption for assessment year 1998
PA 99-272	Towns with populations greater than 50,000	Machinery and equipment exemption for firms in two specific industry groups for grand list year 1998
PA 99-272	Towns with populations greater than 100,000	Manufacturing property exemption in distressed municipalities for grand list years 1995, 1996, and 1997
PA 98-242	New Britain and Norwalk	Manufacturing property exemption in distressed municipalities with populations of 70,000 to 90,000 for taxes payable in July 1997 and in January 1998

SCHOOL CONSTRUCTION GRANT DEADLINE EXTENSIONS

Table 2 shows the deadline extensions for school construction grants and related matters.

Table 2: School Construction Grant Deadline Extensions

*Act*	*District*	*Description*
PA 01-09, JSS	Waterbury	Exempted new performing arts magnet school from statutory construction requirements including proposal submission deadline.
PA 00-167	Coventry	Delayed adjustments to six school construction grants until after June 30, 2001.
PA 99-239	Various	Extended or removed various deadlines for 40 school projects in 21 different school districts.
PA 99-01, JSS	Hartford	Extended application deadline for new magnet school.
PA 98-249	Various	Extended or removed various deadlines for 56 school projects in 40 different school districts.

CORPORATE OR BUSINESS FINANCIAL ASSISTANCE OR TAX BREAK DEADLINE EXTENSIONS

These extensions, Table 3, allowed some form of financial assistance deadline to be extended including bond financing, tax credits, and tax refunds.

Table 3: Business Deadline Extensions

*Act*	*Project/Program*	*Description*
PA 01-210	Steel Point Project, Bridgeport	Extended the deadline for the Connecticut Development Authority to issue up to $ 120 million in bonds for this project.
PA 00-192	Corporation business tax credit for manufacturing facilities	Deadline removed for corporations organized under Delaware laws that submitted a late application for credit for manufacturing facilities in distressed municipalities, TICs, and EZs.
PA 00-192	Fuel tax refund for businesses	Removes deadline for tax refund for fuel used in calendar year 1996.

MUNICIPAL REVALUATION EXTENSIONS

Table 4 shows the extensions for statutorily required revaluations and other necessary steps in the revaluation process.

Table 4: Municipal Revaluation Deadline Extensions

*Act*	*Town*
PA 01-187	Greenwich, Bridgeport

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