Connecticut Seal

General Assembly

 

Proposed Bill No. 144

 

February Session, 2012

 

LCO No. 755

   

Referred to Committee on Commerce

 

Introduced by:

 

SEN. LOONEY, 11th Dist.

 

AN ACT EXPANDING THE STATE'S TAX INCREMENTAL FINANCING PROGRAMS.

Be it enacted by the Senate and House of Representatives in General Assembly convened:

That the general statutes be amended to expand tax increment financing to include blended financing from property tax, sales tax and income tax.

Statement of Purpose:

To help finance building the infrastructure and developing projects to encourage business and institutional growth and job creation.