Bill > SB00575

This bill expands the existing bioscience enterprise corridor zone in Plainville by modifying the legal description of eligible properties. Specifically, the bill updates the census tract and block descriptions for properties in Plainville that qualify for enterprise zone benefits. The changes include modifying the reference to a fifty-three-acre property in census tract 420700, changing the block number from 9000 to 2000, and explicitly referencing the 2020 federal decennial census. The bill also maintains two additional Plainville properties in the zone: forty acres of raw land zoned Restricted Industrial in census tract 420400 and thirty-five acres of raw land zoned Restricted Industrial in census tract 420500. Businesses and commercial properties within these specified areas will be entitled to the same benefits as those located in other enterprise zones, which typically include tax incentives, grants, or other economic development advantages designed to attract and support businesses in targeted geographical areas.

Business and Industry

Commerce Committee (J)

https://www.cga.ct.gov/asp/cgabillstatus/cgabillstatus.asp?selBillType=Bill&bill_num=SB00575&which_year=2025