HB 6606 — AN ACT CONCERNING ECONOMIC DEVELOPMENT IN DISTRESSED MUNICIPALITIES AND THE RENOVATION OF HISTORIC MIXED-USE BUILDINGS.

Substitute House ofBill Representatives File No.

7086606 GeneralSpecial AssemblyAct January Session, 2021(Reprint of File No.

347)21-28 SubstituteAN HouseACT BillCONCERNING No.ECONOMIC DEVELOPMENT IN DISTRESSED MUNICIPALITIES AND THE RENOVATION OF HISTORIC MIXED-USE BUILDINGS.

6606 As Amended by House Amendment Schedule "A" Approved by the Legislative Commissioner May 20, 2021 AN ACT CONCERNING ECONOMIC DEVELOPMENT IN DISTRESSED MUNICIPALITIES AND THE RENOVATION OF HISTORIC MIXED-USE BUILDINGS.

The task force shall (1) examine sHB6606any /financing Filetools No.that may assist in the renovation of such buildings and building safety codes that may be impediments to the renovation of such buildings;

708 sHB6606 File No.

708 any financing tools that may assist in the renovation of such buildings and building safety codes that may be impediments to the renovation of such buildings;

(b)Substitute TheHouse taskBill forceNo. shall consist of the following members:

6606 (b) The task force shall consist of the following members:

(d) Each member of the task force appointed under subdivision (1), sHB6606(2), /(3), File(4), (5), (6) or (11) of subsection (b) of this section shall have expertise in the architecture of historic properties, construction or rehabilitation of historic properties, real estate financing, mortgage lending, real estate development, real estate transactions or municipal Special Act No.

70821-28 sHB66062 Fileof 3 Substitute House Bill No.

7086606 (2), (3), (4), (5), (6) or (11) of subsection (b) of this section shall have expertise in the architecture of historic properties, construction or rehabilitation of historic properties, real estate financing, mortgage lending, real estate development, real estate transactions or municipal building codes.

ThisApproved actJuly shall13, take2021 effectSpecial asAct followsNo. and shall amend the following sections:

Section21-28 13 fromof passage3 New section Sec.

2 from passage New section sHB6606 / File No.

708 sHB6606 File No.

708 The following Fiscal Impact Statement and Bill Analysis are prepared for the benefit of the members of the General Assembly, solely for purposes of information, summarization and explanation and do not represent the intent of the General Assembly or either chamber thereof for any purpose.

In general, fiscal impacts are based upon a variety of informational sources, including the analyst’s professional knowledge.

Whenever applicable, agency data is consulted as part of the analysis, however final products do not necessarily reflect an assessment from any specific department.

OFA Fiscal Note State Impact:

None Municipal Impact:

None Explanation The bill has no fiscal impact by requiring the Commissioner of Economic and Community Development to conduct a study relating to economic development issues affecting distressed municipalities and opportunity zones in the state.

The Department of Economic and Community Development has the expertise to complete the study without additional resources.

The bill also establishes a nineteen-member task force to study any impediments to the renovation of historic mixed-use buildings located in municipalities.

There is no fiscal impact as PA 17-236 prohibits transportation allowances for task force members.

House "A" strikes the underlying bill and its associated impact and results in the impact described above.

The Out Years State Impact:

None Municipal Impact:

None sHB6606 / File No.

708 4 sHB6606 File No.

708 OLR Bill Analysis sHB 6606 (as amended by House "A") AN ACT CONCERNING THE COME HOME TO DOWNTOWN PROGRAM, THE RENOVATION OF HISTORIC MIXED-USE BUILDINGS IN THE STATE AND OUTDOOR DINING.

SUMMARY The Office of Legislative Research does not analyze Special Acts.

COMMITTEE ACTION Commerce Committee Joint Favorable Substitute Yea 23 Nay 0 (03/22/2021) sHB6606 / File No.

708 5