The proposed bill, General Assembly Proposed Bill No. 1180, aims to amend the general statutes to introduce tax credits for individuals and businesses involved in the development of housing that is directly accessible by public transportation. This initiative is designed to promote transit-oriented housing development, thereby encouraging more sustainable living options and reducing reliance on personal vehicles.

The bill does not specify any deletions from current law but focuses on the insertion of new legal language that establishes the framework for these tax credits. By incentivizing the construction of housing near public transit, the legislation seeks to enhance accessibility and support urban development that aligns with public transportation infrastructure.