General Assembly Proposed Bill No. 5343
January Session, 2013 LCO No. 742
Referred to Committee on FINANCE, REVENUE AND BONDING
Introduced by:
REP. CANDELORA, 86th Dist.
General Assembly
Proposed Bill No. 5343
January Session, 2013
LCO No. 742
Referred to Committee on FINANCE, REVENUE AND BONDING
Introduced by:
REP. CANDELORA, 86th Dist.
AN ACT ELIMINATING A TOWN'S ABILITY TO PHASE IN A REAL PROPERTY ASSESSMENT DECREASE.
Be it enacted by the Senate and House of Representatives in General Assembly convened:
That section 12-62c of the general statutes be amended to remove language allowing towns implementing a revaluation to phase in a real property assessment decrease.
Statement of Purpose:
To provide that a town implementing a revaluation may phase in a real property assessment increase but not a decrease.