General Assembly Proposed Bill No. 687
January Session, 2011 LCO No. 1201
Referred to Committee on Planning and Development
Introduced by:
SEN. KELLY, 21st Dist.
General Assembly
Proposed Bill No. 687
January Session, 2011
LCO No. 1201
Referred to Committee on Planning and Development
Introduced by:
SEN. KELLY, 21st Dist.
AN ACT CONCERNING PAYMENTS IN LIEU OF TAXES TO MUNICIPALITIES WITH AIRPORTS.
Be it enacted by the Senate and House of Representatives in General Assembly convened:
That the general statutes be amended to provide that the state shall make payments in lieu of taxes to each municipality in which an airport is located at a rate equal to one hundred per cent of the property taxes that would have been paid with respect to the airport except for the exemption applicable to the airport.
Statement of Purpose:
To require that payments to towns hosting airports reflect full and fair value.