Bill Text: CT HB05908 | 2017 | General Assembly | Introduced
Bill Title: An Act Exempting A Portion Of Businesses' Tangible Personal Property From The Property Tax.
Spectrum: Partisan Bill (Republican 1-0)
Status: (Introduced - Dead) 2017-01-19 - Referred to Joint Committee on Finance, Revenue and Bonding [HB05908 Detail]
Download: Connecticut-2017-HB05908-Introduced.html
General Assembly |
Proposed Bill No. 5908 |
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January Session, 2017 |
LCO No. 2832 | ||||
*02832* | |||||
Referred to Committee on FINANCE, REVENUE AND BONDING |
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Introduced by: |
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REP. O'DEA, 125th Dist. |
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AN ACT EXEMPTING A PORTION OF BUSINESSES' TANGIBLE PERSONAL PROPERTY FROM THE PROPERTY TAX.
Be it enacted by the Senate and House of Representatives in General Assembly convened:
That chapter 203 of the general statutes be amended to exempt the first ten thousand dollars of a business's tangible personal property from the property tax.
Statement of Purpose:
To exempt the first ten thousand dollars of a business's tangible personal property from the property tax.