General Assembly Proposed Bill No. 5866
January Session, 2013 LCO No. 1321
Referred to Committee on FINANCE, REVENUE AND BONDING
Introduced by:
REP. LEMAR, 96th Dist. REP. CANDELARIA, 95th Dist. REP. MEGNA, 97th Dist. SEN. HARP, 10th Dist. REP. DILLON, 92nd Dist. REP. WALKER, 93rd Dist. SEN. LOONEY, 11th Dist. REP. HOLDER-WINFIELD, 94th Dist.
General Assembly
Proposed Bill No. 5866
January Session, 2013
LCO No. 1321
Referred to Committee on FINANCE, REVENUE AND BONDING
Introduced by:
REP. LEMAR, 96th Dist.
REP. CANDELARIA, 95th Dist.
REP. MEGNA, 97th Dist.
SEN. HARP, 10th Dist.
REP. DILLON, 92nd Dist.
REP. WALKER, 93rd Dist.
SEN. LOONEY, 11th Dist.
REP. HOLDER-WINFIELD, 94th Dist.
AN ACT CONCERNING FUNDING OF THE STATE GRANTS IN LIEU OF PROPERTY TAX.
Be it enacted by the Senate and House of Representatives in General Assembly convened:
That chapter 201 of the general statutes be amended to require that the programs providing state grants in lieu of property taxes be funded at the full statutory rates of seventy-seven per cent and forty-five per cent.
Statement of Purpose:
To compensate host municipalities for tax loss from state, college and hospital property.