What's Next

• NOTE 1: If the formal application were not approved, then the State CT DECD, the municipal Enterprise Zone coordinator, and the business(es) discuss options to put the application on hold, to re-apply at a future date, or to close the file with no further action.
• NOTE 2: If the project were approved:
• the CT DECD issues a final certification letter (“Certificate of Eligibility”) would be emailed to the businesses, municipal officials (including the first year’s claim for zone benefits to the local assessor);
• the municipal Enterprise Zone coordinator serves as liaison to communicate any known significant updates during the eligibility period;
• the real property owner has the responsibility to pass on the pro-rated local tax benefits (5 year tax abatement on real property and machinery and equipment, as applicable), and the tenant business has a responsibility to
• (i) to submit subsequent tax abatement claims for year 2 through and including year 5 for the certified eligibility period directly with the local assessor to receive continued benefits, and
• (ii) to inform the State on the forms provided of any changes as indicated in the certifying documentation (e.g., changes in lessor or lessee).