Connecticut 2013 Regular Session

Connecticut Senate Bill SB00622 Compare Versions

Only one version of the bill is available at this time.
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11 General Assembly Proposed Bill No. 622
22 January Session, 2013 LCO No. 1455
33 Referred to Committee on PLANNING AND DEVELOPMENT
44 Introduced by:
55 SEN. KELLY, 21st Dist.
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77 General Assembly
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99 Proposed Bill No. 622
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1111 January Session, 2013
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1313 LCO No. 1455
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1515 Referred to Committee on PLANNING AND DEVELOPMENT
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1717 Introduced by:
1818
1919 SEN. KELLY, 21st Dist.
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2121 AN ACT CONCERNING LOW INTEREST LOANS TO MUNICIPALITIES TO PROVIDE PROPERTY TAX RELIEF TO SENIORS.
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2323 Be it enacted by the Senate and House of Representatives in General Assembly convened:
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2525 That the general statutes be amended to establish a revolving loan fund and to require the Department of Economic and Community Development to use such fund to provide low interest loans to municipalities to finance real property tax relief benefits provided under section 12-170v of the general statutes until such time as the benefit has come due and been paid.
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2727 Statement of Purpose:
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2929 To provide funding to towns for revenue lost in granting tax relief to elderly homeowners.