General Assembly Proposed Bill No. 5269
January Session, 2015 LCO No. 517
*00517*
Referred to Committee on PLANNING AND DEVELOPMENT
Introduced by:
REP. KUPCHICK, 132nd Dist.
General Assembly
Proposed Bill No. 5269
January Session, 2015
LCO No. 517
*00517*
Referred to Committee on PLANNING AND DEVELOPMENT
Introduced by:
REP. KUPCHICK, 132nd Dist.
AN ACT LIMITING PROPERTY TAX INCREASES RESULTING FROM THE REVALUATION OF PROPERTY.
Be it enacted by the Senate and House of Representatives in General Assembly convened:
That chapter 203 of the general statutes be amended to limit any property valuation increase resulting from a property tax revaluation to fifty per cent or less of the previous valuation.
Statement of Purpose:
To limit property valuation increases resulting from property tax revaluations.