Proposed H.B. No. 6424
Session Year 2025
 


AN ACT CONCERNING A PROPERTY TAX ABATEMENT AND PAYMENT IN LIEU OF TAXES FOR SHOPPING MALLS CONVERTED TO RESIDENTIAL USE.

To (1) establish a property tax abatement for shopping malls that are converted to residential use, and (2) provide payment in lieu of taxes to reimburse municipalities for resulting lost property tax revenue.

Introduced by:
Rep. Jason Doucette, 13th Dist.

 New today  2-4 days old  5 days & older

Co-sponsors for Amendment LCO:

Bill History

 Date Action Taken
 2/14/2025Public Hearing 02/19
 2/10/2025(PD)Reserved for Subject Matter Public Hearing
 1/23/2025Referred to Joint Committee on Planning and Development

Co-sponsors of HB-6424

Sen. MD Rahman, 4th Dist.

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