| Old | New | Differences | |
|---|---|---|---|
| 1 | 1 | General Assembly Proposed Bill No. 726 | |
| 2 | 2 | January Session, 2013 LCO No. 1905 | |
| 3 | 3 | Referred to Committee on FINANCE, REVENUE AND BONDING | |
| 4 | 4 | Introduced by: | |
| 5 | 5 | SEN. WITKOS, 8th Dist. REP. BECKER, 19th Dist. REP. LEGEYT, 17th Dist. | |
| 6 | 6 | ||
| 7 | 7 | General Assembly | |
| 8 | 8 | ||
| 9 | 9 | Proposed Bill No. 726 | |
| 10 | 10 | ||
| 11 | 11 | January Session, 2013 | |
| 12 | 12 | ||
| 13 | 13 | LCO No. 1905 | |
| 14 | 14 | ||
| 15 | 15 | Referred to Committee on FINANCE, REVENUE AND BONDING | |
| 16 | 16 | ||
| 17 | 17 | Introduced by: | |
| 18 | 18 | ||
| 19 | 19 | SEN. WITKOS, 8th Dist. | |
| 20 | 20 | ||
| 21 | 21 | REP. BECKER, 19th Dist. | |
| 22 | 22 | ||
| 23 | 23 | REP. LEGEYT, 17th Dist. | |
| 24 | 24 | ||
| 25 | 25 | AN ACT CONCERNING THE REAL ESTATE CONVEYANCE TAX. | |
| 26 | 26 | ||
| 27 | 27 | Be it enacted by the Senate and House of Representatives in General Assembly convened: | |
| 28 | 28 | ||
| 29 | 29 | That subsection (a) of section 12-494 of the general statutes be amended to specify that, for purposes of real estate conveyance tax liability, real property includes not just the land, but also any buildings or improvements upon the land. | |
| 30 | 30 | ||
| 31 | 31 | Statement of Purpose: | |
| 32 | 32 | ||
| 33 | 33 | To clarify a developer's liability for the real estate conveyance tax in situations where the developer sells the land in a separate transaction from the sale of the residence built on the land. |