Tax Break Tracker Individual Entry

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: 
Connecticut
Reporting Jurisdiction: 
Connecticut
Jurisdiction type
State
Fiscal year ending In: 
2020
Program name: 
The Urban and Industrial Sites Reinvestment Tax Program
Program purpose
Urban redevelopment
Statutory authority
Connecticut General Statutes Chapter 578 section 32-9t
Abating jurisdiction(s)
State of Connecticut
Applicable taxes: 
Insurance Companies Tax
Method of abatement
Tax credit
Provisions for recapture
(not specified)
Gross revenue loss
$4,571,904
Reimbursement / offset
$0
Net revenue loss
$4,571,904
Type of loss
Active
Additional notes on dislosure: 
(none)