Each individual entry is a single program reported by a single jurisdiction in a given fiscal year. Because we want to track the level and quality of disclosure as well as the content, the values below -- with the exception of program names -- are entered exactly as they are reported. See our user guide for more explanations.
| State or Territory: | Connecticut |
| Effected Jurisdiction: | Connecticut |
Jurisdiction type: | State or Territory |
| Fiscal year ending In: | 2017 |
| Program name: | The Urban and Industrial Sites Reinvestment Tax Program |
| Program purpose: | General Economic Development |
| Statutory authority: | Connecticut General Statutes, Chapter 578 section 32-9t |
| Abating jurisdiction(s): | State of Connecticut |
| Applicable taxes: | Individual/Corporate Income Tax |
| Method of abatement: | (not specified) |
| Provisions for recapture: | (not specified) |
| Gross revenue loss: | $41,000,000 |
| Reimbursement / offset: | $0 |
| Net revenue loss: | $41,000,000 |
| Type of loss: | Active |
| Additional notes on dislosure: | Information is not from current year -- it is from FY16 |
| Document source: | https://www.osc.ct.gov/reports/index.html |
