# Connecticut SB 01263: AN ACT CONCERNING TAX CREDITS FOR THE CONVERSION OF COMMERCIAL PROPERTIES.

Connecticut SB 01263, AN ACT CONCERNING TAX CREDITS FOR THE CONVERSION OF COMMERCIAL PROPERTIES., is a 2025 Regular Session Senate bill sponsored by Housing Committee; status failed, last action 2025-03-19 (Favorable Change of Reference, House to Committee on Finance, Revenue and Bonding); PRIA reads it as touching household money (as of 2026-10-19).

- Canonical: https://policyrisk.com/state-bill/CT-SB01263-2025
- As of: 2026-10-19
- Plain-text twin of the page above; the HTML and this file carry the same facts.

## Facts
- Bill: Connecticut SB 01263
- State: Connecticut
- Session: 2025 Regular Session
- Title: AN ACT CONCERNING TAX CREDITS FOR THE CONVERSION OF COMMERCIAL PROPERTIES.
- Status: failed
- Chamber: Senate
- Introduced: 2025-02-06
- Last action: 2025-03-19, Favorable Change of Reference, House to Committee on Finance, Revenue and Bonding
- Sponsor: Housing Committee
- Cosponsors: 0
- Subjects: housing
- Touches household money: yes
- Roll calls: 1 (16 yes, 2 no in all)
- Economic provisions PRIA read: 0

## Summary

To provide certain tax credits for the conversion of commercial buildings into residential developments.

## Bill overview

No economic impacts identified for this bill.

## Sponsors and cosponsors

- Sponsor: Housing Committee

## Roll call votes

| Date | Chamber | Motion | Result | Yes | No | Other |
| --- | --- | --- | --- | --- | --- | --- |
| 2025-03-06 | Senate | HSG Vote Tally Sheet (Joint Favorable Substitute Change of Reference) | pass | 16 | 2 |   |

## Actions (7)

- 2025-03-19: Favorable Change of Reference, House to Committee on Finance, Revenue and Bonding (legislature)
- 2025-03-19: Favorable Change of Reference, Senate to Committee on Finance, Revenue and Bonding (legislature)
- 2025-03-18: Reported Out of Legislative Commissioners' Office (legislature)
- 2025-03-10: Filed with Legislative Commissioners' Office (legislature)
- 2025-03-06: Joint Favorable Substitute Change of Reference Finance, Revenue and Bonding (legislature)
- 2025-02-28: Public Hearing 03/04 (legislature)
- 2025-02-06: Referred to Joint Committee on Housing (legislature)

## Bill text

- HSG Joint Favorable Substitute Change of Reference, 2025-03-06: [PDF](https://www.cga.ct.gov/2025/TOB/S/PDF/2025SB-01263-R01-SB.PDF)
- Raised Bill, 2025-02-06: [PDF](https://www.cga.ct.gov/2025/TOB/S/PDF/2025SB-01263-R00-SB.PDF)
- HSG Joint Fav. Rpt: [PDF](https://www.cga.ct.gov/2025/JFR/S/PDF/2025SB-01263-R00HSG-JFR.PDF)
- HSG Vote Tally Sheet (Joint Favorable Substitute Change of Reference): [PDF](https://www.cga.ct.gov/2025/TS/S/PDF/2025SB-01263-R00HSG-CV63-TS.PDF)

## Related bills

- HB 05013: AN ACT ADDING CERTAIN PLANTS TO THE INVASIVE PLANTS LIST. (signed)
- SB 01558: AN ACT CONCERNING INCOME TAXES IMPOSED BY OTHER JURISDICTIONS ON RESIDENTS OF THE STATE. (signed)
- SB 01396: AN ACT CONCERNING EARNED BUT UNPAID WAGE OR SALARY INCOME ADVANCES. (signed)
- SB 01187: AN ACT CONCERNING FORECLOSURE, ASSIGNMENT AND OTHER ENFORCEMENT ACTIONS FOR UNPAID SEWER ASSESSMENTS AND OTHER FEES AND CHARGES. (signed)
- HB 07236: AN ACT CONCERNING HUMAN TRAFFICKING AND SEXUAL ASSAULT VICTIMS. (signed)
- HB 07192: AN ACT IMPLEMENTING RECOMMENDATIONS OF THE BIPARTISAN DRUG TASK FORCE. (signed)

## Sources
- [HSG Joint Favorable Substitute Change of Reference (PDF)](https://www.cga.ct.gov/2025/TOB/S/PDF/2025SB-01263-R01-SB.PDF)
- [Raised Bill (PDF)](https://www.cga.ct.gov/2025/TOB/S/PDF/2025SB-01263-R00-SB.PDF)
- [HSG Joint Fav. Rpt (PDF)](https://www.cga.ct.gov/2025/JFR/S/PDF/2025SB-01263-R00HSG-JFR.PDF)
- [HSG Vote Tally Sheet (Joint Favorable Substitute Change of Reference) (PDF)](https://www.cga.ct.gov/2025/TS/S/PDF/2025SB-01263-R00HSG-CV63-TS.PDF)

## Related
- [HB 05013: AN ACT ADDING CERTAIN PLANTS TO THE INVASIVE PLANTS LIST.](https://policyrisk.com/state-bill/CT-HB05013-2025)
- [SB 01558: AN ACT CONCERNING INCOME TAXES IMPOSED BY OTHER JURISDICTIONS ON RESIDENTS OF T…](https://policyrisk.com/state-bill/CT-SB01558-2025)
- [SB 01396: AN ACT CONCERNING EARNED BUT UNPAID WAGE OR SALARY INCOME ADVANCES.](https://policyrisk.com/state-bill/CT-SB01396-2025)
- [SB 01187: AN ACT CONCERNING FORECLOSURE, ASSIGNMENT AND OTHER ENFORCEMENT ACTIONS FOR UNP…](https://policyrisk.com/state-bill/CT-SB01187-2025)
- [HB 07236: AN ACT CONCERNING HUMAN TRAFFICKING AND SEXUAL ASSAULT VICTIMS.](https://policyrisk.com/state-bill/CT-HB07236-2025)
- [HB 07192: AN ACT IMPLEMENTING RECOMMENDATIONS OF THE BIPARTISAN DRUG TASK FORCE.](https://policyrisk.com/state-bill/CT-HB07192-2025)
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Source: PRIA, https://policyrisk.com/state-bill/CT-SB01263-2025 (as of 2026-10-19).