General Assembly Proposed Bill No. 5705
January Session, 2011 LCO No. 1680
Referred to Committee on Finance, Revenue and Bonding
Introduced by:
REP. ROLDAN, 4th Dist.
General Assembly
Proposed Bill No. 5705
January Session, 2011
LCO No. 1680
Referred to Committee on Finance, Revenue and Bonding
Introduced by:
REP. ROLDAN, 4th Dist.
AN ACT CONCERNING PROPERTY TAX RELIEF IN THE CITY OF HARTFORD.
Be it enacted by the Senate and House of Representatives in General Assembly convened:
That the general statutes be amended to authorize the city of Hartford to permit any natural person, and any limited liability corporation, partnership or corporation that owns a property or motor vehicle on the tax rolls of the city to apply to the assessor to receive an exemption from the property tax of up to one hundred fifty thousand dollars off one parcel of real property or five thousand dollars off a motor vehicle. No natural person, limited liability corporation, partnership or corporation may receive an exemption for more than one property or motor vehicle and only one exemption shall be granted for any property or motor vehicle. Entities that share common owners shall be treated as a single entity for the purposes of this exemption. In no case shall the exemption exceed ninety per cent of the assessed value of the property or motor vehicle.
Statement of Purpose:
To provide property relief in the city of Hartford.