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Bill > HB06740


CT HB06740

CT HB06740
An Act Concerning The Redevelopment Of Vacant Commercial Property Located In Economically Distressed Municipalities.


summary

Introduced
01/27/2025
In Committee
01/27/2025
Crossed Over
Passed
Dead
06/04/2025

Introduced Session

2025 General Assembly

Bill Summary

To encourage the redevelopment of vacant commercial properties located in economically distressed municipalities and facilitate the filling of such vacancies.

AI Summary

This bill aims to encourage the redevelopment of vacant commercial properties in economically distressed municipalities. The term "economically distressed municipalities" typically refers to cities or towns experiencing significant economic challenges, such as high unemployment rates, low median income, or declining business activity. While the provided bill text is quite brief and lacks specific details about the mechanisms for achieving this goal, the stated purpose is to facilitate the filling of vacant commercial properties in these areas. The bill suggests amending general statutes to create incentives or policies that would make it more attractive for businesses to occupy or renovate empty commercial spaces in struggling communities. Such efforts could potentially help revitalize local economies by attracting new businesses, creating jobs, and improving the physical landscape of these municipalities.

Committee Categories

Business and Industry

Sponsors (1)

Last Action

Commerce Public Hearing (00:00:00 2/11/2025 ) (on 02/11/2025)

bill text


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