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.

Other Bills with Similar Topics

  Payments in lieu of taxes 

 

• HB05840 - AN ACT CONCERNING THE METROPOLITAN DISTRICT COMMISSION AND PAYMENTS IN LIEU OF TAXES.
• HB07288 - AN ACT AUTHORIZING AND ADJUSTING BONDS OF THE STATE AND CONCERNING GRANT PROGRAMS, STATE GRANT COMMITMENTS FOR SCHOOL BUILDING PROJECTS, REVISIONS TO THE SCHOOL BUILDING PROJECTS STATUTES AND VARIOUS PROVISIONS REVISING AND IMPLEMENTING THE BUDGET FOR THE BIENNIUM ENDING JUNE 30, 2027.
• SB00231 - AN ACT CONCERNING THE CALCULATION OF STATE FOREST LAND IN CERTAIN MUNICIPALITIES FOR PURPOSES OF GRANTS IN LIEU OF TAXES PAYMENTS.

  Property tax abatement 

 

• HB05244 - AN ACT CONCERNING REAL PROPERTY TAX ABATEMENTS FOR CERTAIN FIRST-TIME HOMEBUYERS.
• HB05451 - AN ACT CONCERNING PROPERTY TAX ABATEMENT FOR CERTAIN FIRST-TIME HOMEBUYERS.
• HB06431 - AN ACT ESTABLISHING A PROPERTY TAX ABATEMENT FOR CERTAIN LANDLORDS.
• HB06888 - AN ACT CONCERNING REAL PROPERTY TAX ABATEMENTS FOR CERTAIN FIRST-TIME HOMEBUYERS.
• HB07055 - AN ACT CONCERNING A MUNICIPAL TAX ABATEMENT FOR SURVIVING DOMESTIC PARTNERS OF POLICE OFFICERS, FIREFIGHTERS AND EMERGENCY MEDICAL TECHNICIANS AND ALLOWING A PERSONAL INCOME TAX DEDUCTION FOR STIPENDS PAID TO VOLUNTEER FIREFIGHTERS, VOLUNTEER FIRE POLICE OFFICERS AND VOLUNTEER AMBULANCE MEMBERS.
• SB01343 - AN ACT CONCERNING THE RECOMMENDATIONS OF THE INTERGOVERNMENTAL POLICY AND PLANNING DIVISION WITHIN THE OFFICE OF POLICY AND MANAGEMENT.

  Real estate development 

 

• HB06781 - AN ACT CONCERNING A STUDY OF GROUND FLOOR COMMERCIAL PROPERTY VACANCIES.
• HB06783 - AN ACT ESTABLISHING A COMMISSION TO STUDY VACANT AND DISTRESSED LARGE COMMERCIAL PROPERTIES.
• HB06785 - AN ACT ESTABLISHING A REVOLVING LOAN FUND TO ASSIST IN DEVELOPING COMMERCIAL STOREFRONTS.
• SB01444 - AN ACT CONCERNING THE CONVERSION OF COMMERCIAL REAL PROPERTY FOR RESIDENTIAL USE.