CT
Connecticut House Bill HB06387

Connecticut 2011 Regular Session

Connecticut House Bill HB06387 Compare Versions

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1-General Assembly Substitute Bill No. 6387
2-January Session, 2011 *_____HB06387FIN___042511____*
1+General Assembly Governor's Bill No. 6387
2+January Session, 2011 LCO No. 3530
3+ *03530__________*
4+Referred to Committee on Finance, Revenue and Bonding
5+Introduced by:
6+REP. DONOVAN, 84th Dist. REP. SHARKEY, 88th Dist. SEN. WILLIAMS, 29th Dist. SEN. LOONEY, 11th Dist.
37
48 General Assembly
59
6-Substitute Bill No. 6387
10+Governor's Bill No. 6387
711
812 January Session, 2011
913
10-*_____HB06387FIN___042511____*
14+LCO No. 3530
1115
12-AN ACT CONCERNING VESSEL REGISTRATION FEES.
16+*03530__________*
17+
18+Referred to Committee on Finance, Revenue and Bonding
19+
20+Introduced by:
21+
22+REP. DONOVAN, 84th Dist.
23+
24+REP. SHARKEY, 88th Dist.
25+
26+SEN. WILLIAMS, 29th Dist.
27+
28+SEN. LOONEY, 11th Dist.
29+
30+AN ACT CONCERNING PERSONAL PROPERTY TAX EXEMPTIONS.
1331
1432 Be it enacted by the Senate and House of Representatives in General Assembly convened:
1533
16-Section 1. Subsection (b) of section 15-144 of the general statutes is repealed and the following is substituted in lieu thereof (Effective July 1, 2011):
34+Section 1. Section 12-71 of the general statutes is repealed and the following is substituted in lieu thereof (Effective July 1, 2011, and applicable to assessment years commencing on or after October 1, 2011):
35+
36+(a) All goods, chattels and effects or any interest therein, including any interest in a leasehold improvement classified as other than real property, belonging to any person who is a resident in this state, shall be listed for purposes of property tax in the town where such person resides, subject to the provisions of sections 12-41, 12-43 and 12-59. Any such property belonging to any nonresident shall be listed for purposes of property tax as provided in section 12-43. Aircraft shall be listed for purposes of the property tax in accordance with subsection (e) of this section. Motor vehicles, [and] snowmobiles and vessels shall be listed for purposes of the property tax in accordance with subsection (f) of this section. For purposes of this section, "vessels" has the same meaning as in section 15-127.
37+
38+(b) Except as otherwise provided by the general statutes, property subject to this section shall be valued at the same percentage of its then actual valuation as the assessors have determined with respect to the listing of real estate for the same year, except that any antique, rare or special interest motor vehicle, as defined in section 14-1, shall be assessed at a value of not more than five hundred dollars. The owner of such antique, rare or special interest motor vehicle may be required by the assessors to provide reasonable documentation that such motor vehicle is an antique, rare or special interest motor vehicle, provided any motor vehicle for which special number plates have been issued pursuant to section 14-20 shall not be required to provide any such documentation. The provisions of this section shall not include money or property actually invested in merchandise or manufacturing carried on out of this state or machinery or equipment which would be eligible for exemption under subdivision (72) of section 12-81 once installed and which cannot begin or which has not begun manufacturing, processing or fabricating; or which is being used for research and development, including experimental or laboratory research and development, design or engineering directly related to manufacturing or being used for the significant servicing, overhauling or rebuilding of machinery and equipment for industrial use or the significant overhauling or rebuilding of other products on a factory basis or being used for measuring or testing or metal finishing or in the production of motion pictures, video and sound recordings.
39+
40+(c) Upon payment of the property tax assessed with respect to any property referred to in this section, owned by a resident or nonresident of this state, which is currently used or intended for use in relation to construction, building, grading, paving or similar projects, including, but not limited to, motor vehicles, bulldozers, tractors and any trailer-type vehicle, excluding any such equipment weighing less than five hundred pounds, and excluding any motor vehicle subject to registration pursuant to chapter 246 or exempt from such registration by section 14-34, the town in which such equipment is taxed shall issue, at the time of such payment, for display on a conspicuous surface of each such item of equipment for which such tax has been paid, a validation decal or sticker, identifiable as to the year of issue, which will be presumptive evidence that such tax has been paid in the appropriate town of the state.
41+
42+(d) (1) Personal property subject to taxation under this chapter shall not include computer software, except when the cost thereof is included, without being separately stated, in the cost of computer hardware. "Computer software" shall include any program or routine used to cause a computer to perform a specific task or set of tasks, including without limitation, operational and applicational programs and all documentation related thereto.
43+
44+(2) The provisions of subdivision (1) of this subsection shall be applicable (A) to the assessment year commencing October 1, 1988, and each assessment year thereafter, and (B) to any assessment of computer software made after September 30, 1988, for any assessment year commencing before October 1, 1988.
45+
46+(3) Nothing contained in this subsection shall create any implication related to liability for property tax with respect to computer software prior to July 1, 1989.
47+
48+(4) A certificate of correction in accordance with section 12-57 shall not be issued with respect to any property described in subdivision (1) of this subsection for any assessment year commencing prior to October 1, 1989.
49+
50+(e) [For assessment years commencing on or after October 1, 1992, each municipality shall exempt aircraft, as defined in section 15-34, from the provisions of this chapter.] Any aircraft registered with the Department of Transportation pursuant to section 13b-39a, as amended by this act, and subject to taxation in accordance with the provisions of this section and section 3 of this act, shall be set in the list of the town where the aircraft is based or primarily used, as determined in accordance with section 13b-39a, as amended by this act. For purposes of this section, "aircraft" has the same meaning as in section 15-34.
51+
52+(f) (1) Property subject to taxation under this chapter shall include each registered and unregistered motor vehicle and snowmobile that, in the normal course of operation, most frequently leaves from and returns to or remains in a town in this state, and any other motor vehicle or snowmobile located in a town in this state, which motor vehicle or snowmobile is not used or is not capable of being used.
53+
54+(2) Any motor vehicle or snowmobile registered in this state subject to taxation in accordance with the provisions of this subsection shall be set in the list of the town where such vehicle in the normal course of operation most frequently leaves from and returns to or in which it remains. It shall be presumed that any such motor vehicle or snowmobile most frequently leaves from and returns to or remains in the town in which the owner of such vehicle resides, unless a provision of this subsection otherwise expressly provides. Any vessel required to be registered as provided in chapter 268 and subject to taxation in accordance with the provisions of this section and section 2 of this act, shall be set in the list of the town where the owner of such vessel resides, unless a provision of this subsection otherwise provides. As used in this subsection, "the town in which the owner of such vehicle or vessel resides" means the town in this state where (A) the owner, if an individual, has established a legal residence consisting of a true, fixed and permanent home to which such individual intends to return after any absence, or (B) the owner, if a company, corporation, limited liability company, partnership, firm or any other type of public or private organization, association or society, has an established site for conducting the purposes for which it was created. In the event such an entity resides in more than one town in this state, it shall be subject to taxation by each such town with respect to any registered or unregistered motor vehicle, [or] snowmobile or vessel that most frequently leaves from and returns to or remains in such town.
55+
56+(3) Any motor vehicle or vessel owned by a nonresident of this state shall be set in the list of the town where such vehicle or vessel in the normal course of operation most frequently leaves from and returns to or in which it remains. If such vehicle or vessel in the normal course of operation most frequently leaves from and returns to or remains in more than one town, it shall be set in the list of the town in which such vehicle or vessel is located for the three or more months preceding the assessment day in any year, except that, if such vehicle or vessel is located in more than one town for three or more months preceding the assessment day in any year, it shall be set in the list of the town where it is located for the three months or more in such year nearest to such assessment day. In the event a motor vehicle or vessel owned by a nonresident is not located in any town for three or more of the months preceding the assessment day in any year, such vehicle or vessel shall be set in the list of the town where such vehicle or vessel is located on such assessment day.
57+
58+(4) Notwithstanding any provision of subdivision (2) of this subsection: (A) Any registered motor vehicle that is assigned to an employee of the owner of such vehicle for the exclusive use of such employee and which, in the normal course of operation most frequently leaves from and returns to or remains in such employee's town of residence, shall be set in the list of the town where such employee resides; (B) any registered motor vehicle that is being operated, pursuant to a lease, by a person other than the owner of such vehicle, or such owner's employee, shall be set in the list of the town where the person who is operating such vehicle pursuant to said lease resides; (C) any registered motor vehicle designed or used for recreational purposes, including, but not limited to, a camp trailer, camper or motor home, shall be set in the list of the town such vehicle, in the normal course of its operation for camping, travel or recreational purposes in this state, most frequently leaves from and returns to or the town in which it remains. If such a vehicle is not used in this state in its normal course of operation for camping, travel or recreational purposes, such vehicle shall be set in the list of the town in this state in which the owner of such vehicle resides; and (D) any registered motor vehicle that is used or intended for use for the purposes of construction, building, grading, paving or similar projects, or to facilitate any such project, shall be set in the list of the town in which such project is situated if such vehicle is located in said town for the three or more months preceding the assessment day in any year, provided (i) if such vehicle is located in more than one town in this state for three or more months preceding the assessment day in any year, such vehicle shall be set in the list of the town where it is located for the three months or more in such year nearest to such assessment day, and (ii) if such vehicle is not located in any town for three or more of the months preceding the assessment day in any year, such vehicle shall be set in the list of the town where such vehicle is located on such assessment day.
59+
60+(5) The owner of a motor vehicle subject to taxation in accordance with the provisions of subdivision (4) of this subsection in a town other than the town in which such owner resides may register such vehicle in the town in which such vehicle is subject to taxation.
61+
62+(6) Information concerning any vehicle subject to taxation in a town other than the town in which it is registered may be included on any declaration or report filed pursuant to section 12-41, 12-43 or 12-57a. If a motor vehicle or snowmobile is registered in a town in which it is not subject to taxation, pursuant to the provisions of subdivision (4) of this section, the assessor of the town in which such vehicle is subject to taxation shall notify the assessor of the town in which such vehicle is registered of the name and address of the owner of such motor vehicle or snowmobile, the vehicle identification number and the town in which such vehicle is subject to taxation. The assessor of the town in which said vehicle is registered and the assessor of the town in which said vehicle is subject to taxation shall cooperate in administering the provisions of this section concerning the listing of such vehicle for property tax purposes.
63+
64+Sec. 2. (NEW) (Effective July 1, 2011, and applicable to assessment years commencing on or after October 1, 2011) (a) On or before October thirty-first each year, the Commissioner of Motor Vehicles shall compile, publish and distribute to assessors in each municipality (1) a list of values of vessels set in the list of each municipality that are registered with the Department of Motor Vehicles, and (2) a memorandum instructing such assessors how to value unregistered vessels. Such list and memorandum shall be used by such assessors in determining the assessed value of vessels for purposes of property taxation. For purposes of this section, "vessels" has the same meaning as in section 15-127 of the general statutes.
65+
66+(b) The amount of tax applicable with respect to any vessel subject to property tax under section 12-71 of the general statutes, as amended by this act, shall be determined by multiplying seventy per cent of the value of such vessel, as determined under subsection (a) of this section, by a mill rate of twenty mills.
67+
68+Sec. 3. (NEW) (Effective July 1, 2011, and applicable to assessment years commencing on or after October 1, 2011) (a) On or before October thirty-first each year, the Commissioner of Transportation shall compile, publish and distribute to assessors in each municipality a list of values of aircraft set in the list of each municipality which shall be used by such assessors in determining the assessed value of aircraft for purposes of property taxation. For purposes of this section, "aircraft" has the same meaning as in section 15-34 of the general statutes.
69+
70+(b) The amount of tax applicable with respect to any aircraft subject to property tax under section 12-71 of the general statutes, as amended by this act, shall be determined by multiplying seventy per cent of the value of such aircraft, as determined under subsection (a) of this section, by a mill rate of twenty mills.
71+
72+Sec. 4. Section 13b-39b of the general statutes is repealed and the following is substituted in lieu thereof (Effective July 1, 2011):
73+
74+The Department of Transportation shall prepare and distribute to each municipality in which aircraft are based or primarily used forms and decals for the registration of aircraft and the renewal of such registrations. The registration forms shall contain such information as the Commissioner of Transportation may prescribe, including, but not limited to, information concerning (1) the form and identity of ownership, including information as to whether such ownership is by an individual, partnership, corporation or other entity, (2) the type of aircraft, including the year of manufacture, the manufacturer, the model and the certified gross weight, (3) the Federal Aviation Certificate number and (4) the location at which such aircraft is based or primarily used in this state. Each municipality shall designate a municipal registration official who may be an official or employee of the municipality or of any airport facility, heliport or seaplane base located within the municipality, to perform the duties of registration of aircraft as set forth in sections 13b-39a to [13b-39h] 13b-39f, inclusive, as amended by this act, and shall furnish, in writing, the name, address and telephone number of each such official. The municipality shall immediately notify the commissioner upon any changes relative to the municipal registration official.
75+
76+Sec. 5. Section 13b-39g of the general statutes is repealed and the following is substituted in lieu thereof (Effective July 1, 2011):
77+
78+Each municipality [which] that issues and renews registrations for aircraft in accordance with sections 13b-39a to [13b-39h] 13b-39f, inclusive, as amended by this act, may retain for its own use and purposes [, as a grant in lieu of property taxes,] all revenue received from the receipt of aircraft registration fees. Each such participating municipality shall furnish the commissioner with such reports concerning the total amount of fees received pursuant to sections 12-71, as amended by this act, and 13b-39a to [13b-39h] 13b-39f, inclusive, as amended by this act, the number of registrations issued, the names of registrants and the descriptions of aircraft registered.
79+
80+Sec. 6. Subsection (b) of section 15-144 of the general statutes is repealed and the following is substituted in lieu thereof (Effective July 1, 2011):
1781
1882 (b) (1) The owner shall pay a fee to the Commissioner of Motor Vehicles for deposit with the State Treasurer for each vessel so numbered or registered in accordance with the following schedule and subdivisions of this subsection:
1983
2084
2185
2286
2387 T1 Overall Length Overall Length
2488 T2 at least less than fee at least less than fee
2589 T3 (feet) (feet) (feet) (feet)
2690 T4 12 $ 7.50 40 41 $270.00
2791 T5 12 13 11.25 41 42 292.50
2892 T6 13 14 15.00 42 43 315.00
2993 T7 14 15 18.75 43 44 322.50
3094 T8 15 16 22.50 44 45 330.00
3195 T9 16 17 30.00 45 46 337.50
3296 T10 17 18 37.50 46 47 345.00
3397 T11 18 19 45.00 47 48 352.50
3498 T12 19 20 52.50 48 49 360.00
3599 T13 20 21 60.00 49 50 367.50
36100 T14 21 22 67.50 50 51 375.00
37101 T15 22 23 75.00 51 52 382.50
38102 T16 23 24 82.50 52 53 390.00
39103 T17 24 25 90.00 53 54 397.50
40104 T18 25 26 97.50 54 55 405.00
41105 T19 26 27 105.00 55 56 412.50
42106 T20 27 28 112.50 56 57 420.00
43107 T21 28 29 120.00 57 58 427.50
44108 T22 29 30 127.50 58 59 435.00
45109 T23 30 31 135.00 59 60 442.50
46110 T24 31 32 142.50 60 61 450.00
47111 T25 32 33 150.00 61 62 457.50
48112 T26 33 34 157.50 62 63 465.00
49113 T27 34 35 165.00 63 64 472.50
50114 T28 35 36 172.50 64 65 480.00
51115 T29 36 37 180.00 65 and over 525.00
52116 T30 37 38 202.50
53117 T31 38 39 225.00
54118 T32 39 40 247.50
55119
56120 T1
57121
58122 Overall Length
59123
60124 Overall Length
61125
62126 T2
63127
64128 at least
65129
66130 less than
67131
68132 fee
69133
70134 at least
71135
72136 less than
73137
74138 fee
75139
76140 T3
77141
78142 (feet)
79143
80144 (feet)
81145
82146 (feet)
83147
84148 (feet)
85149
86150 T4
87151
88152 12
89153
90154 $ 7.50
91155
92156 40
93157
94158 41
95159
96160 $270.00
97161
98162 T5
99163
100164 12
101165
102166 13
103167
104168 11.25
105169
106170 41
107171
108172 42
109173
110174 292.50
111175
112176 T6
113177
114178 13
115179
116180 14
117181
118182 15.00
119183
120184 42
121185
122186 43
123187
124188 315.00
125189
126190 T7
127191
128192 14
129193
130194 15
131195
132196 18.75
133197
134198 43
135199
136200 44
137201
138202 322.50
139203
140204 T8
141205
142206 15
143207
144208 16
145209
146210 22.50
147211
148212 44
149213
150214 45
151215
152216 330.00
153217
154218 T9
155219
156220 16
157221
158222 17
159223
160224 30.00
161225
162226 45
163227
164228 46
165229
166230 337.50
167231
168232 T10
169233
170234 17
171235
172236 18
173237
174238 37.50
175239
176240 46
177241
178242 47
179243
180244 345.00
181245
182246 T11
183247
184248 18
185249
186250 19
187251
188252 45.00
189253
190254 47
191255
192256 48
193257
194258 352.50
195259
196260 T12
197261
198262 19
199263
200264 20
201265
202266 52.50
203267
204268 48
205269
206270 49
207271
208272 360.00
209273
210274 T13
211275
212276 20
213277
214278 21
215279
216280 60.00
217281
218282 49
219283
220284 50
221285
222286 367.50
223287
224288 T14
225289
226290 21
227291
228292 22
229293
230294 67.50
231295
232296 50
233297
234298 51
235299
236300 375.00
237301
238302 T15
239303
240304 22
241305
242306 23
243307
244308 75.00
245309
246310 51
247311
248312 52
249313
250314 382.50
251315
252316 T16
253317
254318 23
255319
256320 24
257321
258322 82.50
259323
260324 52
261325
262326 53
263327
264328 390.00
265329
266330 T17
267331
268332 24
269333
270334 25
271335
272336 90.00
273337
274338 53
275339
276340 54
277341
278342 397.50
279343
280344 T18
281345
282346 25
283347
284348 26
285349
286350 97.50
287351
288352 54
289353
290354 55
291355
292356 405.00
293357
294358 T19
295359
296360 26
297361
298362 27
299363
300364 105.00
301365
302366 55
303367
304368 56
305369
306370 412.50
307371
308372 T20
309373
310374 27
311375
312376 28
313377
314378 112.50
315379
316380 56
317381
318382 57
319383
320384 420.00
321385
322386 T21
323387
324388 28
325389
326390 29
327391
328392 120.00
329393
330394 57
331395
332396 58
333397
334398 427.50
335399
336400 T22
337401
338402 29
339403
340404 30
341405
342406 127.50
343407
344408 58
345409
346410 59
347411
348412 435.00
349413
350414 T23
351415
352416 30
353417
354418 31
355419
356420 135.00
357421
358422 59
359423
360424 60
361425
362426 442.50
363427
364428 T24
365429
366430 31
367431
368432 32
369433
370434 142.50
371435
372436 60
373437
374438 61
375439
376440 450.00
377441
378442 T25
379443
380444 32
381445
382446 33
383447
384448 150.00
385449
386450 61
387451
388452 62
389453
390454 457.50
391455
392456 T26
393457
394458 33
395459
396460 34
397461
398462 157.50
399463
400464 62
401465
402466 63
403467
404468 465.00
405469
406470 T27
407471
408472 34
409473
410474 35
411475
412476 165.00
413477
414478 63
415479
416480 64
417481
418482 472.50
419483
420484 T28
421485
422486 35
423487
424488 36
425489
426490 172.50
427491
428492 64
429493
430494 65
431495
432496 480.00
433497
434498 T29
435499
436500 36
437501
438502 37
439503
440504 180.00
441505
442506 65 and over
443507
444508 525.00
445509
446510 T30
447511
448512 37
449513
450514 38
451515
452516 202.50
453517
454518 T31
455519
456520 38
457521
458522 39
459523
460524 225.00
461525
462526 T32
463527
464528 39
465529
466530 40
467531
468532 247.50
469533
470534 For purposes of this schedule "overall length" is the horizontal distance between the foremost part of the stem and the aftermost part of the stern, excluding bowsprits, bumpkins, rudders, outboard motor brackets and similar fittings or attachments. (2) The fee payable under this subsection with respect to any vessel used primarily for purposes of commercial fishing shall not exceed twenty-five dollars, provided in the tax year of the owner of such vessel ending immediately preceding the date of registration, not less than fifty per cent of the adjusted gross income of such owner as determined for purposes of the federal income tax is derived from commercial fishing, subject to proof satisfactory to the Commissioner of Motor Vehicles. (3) The fee payable under this subsection with respect to any vessel constructed primarily of wood, the construction of which is completed not less than fifteen years prior to the date such fee is paid, shall be in an amount equal to fifty per cent of the fee otherwise payable, or if such construction is completed not less than twenty-five years prior to the date such fee is paid, such fee shall be in an amount equal to twenty-five per cent of the fee otherwise payable. (4) Fees payable under this subsection shall not be required with respect to (A) any vessel owned by a flotilla of the United States Coast Guard Auxiliary or owned by a nonprofit corporation acting on behalf of such a flotilla, provided no more than two vessels from any such flotilla or nonprofit corporation shall be granted such an exemption and (B) any vessel built by students in an educational institution and used for the purposes of such institution, including such research as may require the use of such vessel. (5) The fee payable under this subsection with respect to any pontoon boat, exclusive of any houseboat, shall be forty dollars. (6) The fee payable under this subsection with respect to any canoe with a motor or any vessel owned by a nonprofit organization shall be seven dollars and fifty cents. (7) The fee payable under this subsection with respect to any vessel less than fifteen feet in length equipped with a motor the horsepower of which is less than fifteen, shall be seven dollars and fifty cents. (8) The owner of any vessel used actively, as required under this subdivision, in operational activities of the United States Coast Guard Auxiliary shall not be required to pay the applicable fee in accordance with the schedule in this subsection, provided (A) if the applicable fee under the schedule for such vessel is greater than one hundred eighty dollars, the owner shall be required to pay the amount of fee in excess of one hundred eighty dollars and (B) the owner shall not be entitled to exemption from the applicable fee as allowed in this subdivision for any vessel registration year unless the application for registration of such vessel includes a statement, certified by an officer of the United States Coast Guard, that in the preceding year such vessel was used actively in not less than three separate operational activities of the United States Coast Guard Auxiliary. (9) Beginning October 1, 2011, and annually thereafter, all revenue received by the state for the twelve-month period from November first to October thirty-first, inclusive, in fees for the numbering and registration of vessels under this section shall be deposited with the Treasurer who shall deposit such revenue in the General Fund.
471535
472-Sec. 2. Sections 15-155, 15-155d and 15-155e of the general statutes are repealed. (Effective July 1, 2011)
536+Sec. 7. Subsection (b) of section 13b-39a of the general statutes is repealed and the following is substituted in lieu thereof (Effective July 1, 2011):
537+
538+(b) The Commissioner of Transportation, subject to the provisions of chapter 54, shall adopt such regulations as deemed necessary by said commissioner to implement the provisions of section 12-71, as amended by this act, this section and sections 13b-39b to [13b-39h] 13b-39f, inclusive, as amended by this act.
539+
540+Sec. 8. Sections 13b-39h, 15-155, 15-155d and 15-155e of the general statutes are repealed. (Effective July 1, 2011)
541+
542+Sec. 9. Subdivision (64) of section 12-81 of the general statutes is repealed. (Effective July 1, 2011, and applicable to assessment years commencing on or after October 1, 2011)
473543
474544
475545
476546
477547 This act shall take effect as follows and shall amend the following sections:
478-Section 1 July 1, 2011 15-144(b)
479-Sec. 2 July 1, 2011 Repealer section
548+Section 1 July 1, 2011, and applicable to assessment years commencing on or after October 1, 2011 12-71
549+Sec. 2 July 1, 2011, and applicable to assessment years commencing on or after October 1, 2011 New section
550+Sec. 3 July 1, 2011, and applicable to assessment years commencing on or after October 1, 2011 New section
551+Sec. 4 July 1, 2011 13b-39b
552+Sec. 5 July 1, 2011 13b-39g
553+Sec. 6 July 1, 2011 15-144(b)
554+Sec. 7 July 1, 2011 13b-39a(b)
555+Sec. 8 July 1, 2011 Repealer section
556+Sec. 9 July 1, 2011, and applicable to assessment years commencing on or after October 1, 2011 Repealer section
480557
481558 This act shall take effect as follows and shall amend the following sections:
482559
483560 Section 1
484561
562+July 1, 2011, and applicable to assessment years commencing on or after October 1, 2011
563+
564+12-71
565+
566+Sec. 2
567+
568+July 1, 2011, and applicable to assessment years commencing on or after October 1, 2011
569+
570+New section
571+
572+Sec. 3
573+
574+July 1, 2011, and applicable to assessment years commencing on or after October 1, 2011
575+
576+New section
577+
578+Sec. 4
579+
580+July 1, 2011
581+
582+13b-39b
583+
584+Sec. 5
585+
586+July 1, 2011
587+
588+13b-39g
589+
590+Sec. 6
591+
485592 July 1, 2011
486593
487594 15-144(b)
488595
489-Sec. 2
596+Sec. 7
597+
598+July 1, 2011
599+
600+13b-39a(b)
601+
602+Sec. 8
490603
491604 July 1, 2011
492605
493606 Repealer section
494607
608+Sec. 9
495609
610+July 1, 2011, and applicable to assessment years commencing on or after October 1, 2011
496611
497-FIN Joint Favorable Subst.
612+Repealer section
498613
499-FIN
614+Statement of Purpose:
500615
501-Joint Favorable Subst.
616+To implement the Governor's budget recommendations.
617+
618+[Proposed deletions are enclosed in brackets. Proposed additions are indicated by underline, except that when the entire text of a bill or resolution or a section of a bill or resolution is new, it is not underlined.]