Senate Bill 677, “An Act Establishing Tax Incremental Financing Districts”
CMSC, CCAPA, CEDAS, Pullman & Comley, LLC and other interested parties are proposing new Tax Increment Financing (“TIF”) legislation that will benefit a wider variety of projects—including Transit Oriented Development, increased housing opportunities and more commercial development throughout the state.
S.B. 677 gives municipalities more control and flexibility to use TIF to develop and redevelop key downtown infrastructure.
The Planning and Development Committee will hold a public hearing on the TIF bill on Friday, March 6, 2015 at 11:00 A.M. in Room 1E of the Legislative Office Building.
Testifying in Person
Public speaker order will be determined by a lottery system. Lottery numbers will be drawn from 9:30 A.M. to 10:45 A.M. in Room 2B of the LOB. Speakers arriving after the completion of the lottery will have their names placed at the end of the speaker list.
Submitting Written Testimony
Please submit 30 copies of written testimony to Committee staff at 9:30 A.M. in Room 2B of the LOB. Testimony received after the designated time may not be distributed until after the hearing. Please email written testimony in Word or PDF format to PDtestimony@cga.ct.gov. Testimony should clearly state testifier name and related Bills.
- Other Information
The Committee requests that testimony be limited to matters related to the items on the Agenda. The first hour of the hearing is reserved for Legislators, Constitutional Officers, State Agency Heads and Chief Elected Municipal Officials. Speakers will be limited to three minutes of testimony.
- The Committee encourages witnesses to submit a written statement and to condense oral testimony to a summary of that statement.
- Unofficial sign-up sheets have no standing with the Committee. All public hearing testimony, written and spoken, is public information. As such, it will be made available on the CGA website and indexed by internet search engines.