General Assembly Proposed Bill No. 261
January Session, 2011 LCO No. 1682
Referred to Committee on Finance, Revenue and Bonding
Introduced by:
SEN. MCKINNEY, 28th Dist. SEN. FASANO, 34th Dist.
General Assembly
Proposed Bill No. 261
January Session, 2011
LCO No. 1682
Referred to Committee on Finance, Revenue and Bonding
Introduced by:
SEN. MCKINNEY, 28th Dist.
SEN. FASANO, 34th Dist.
AN ACT CONCERNING A CAP ON PROPERTY TAX INCREASES.
Be it enacted by the Senate and House of Representatives in General Assembly convened:
That the general statutes be amended to create a cap on the amount that property taxes may be increased in any given year. Such cap could be exceeded upon the affirmative vote of two-thirds of the members of the local legislative body or by referendum.
Statement of Purpose:
To limit increases in property taxes.