Connecticut 2015 Regular Session

Connecticut House Bill HB05881 Compare Versions

Only one version of the bill is available at this time.
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11 General Assembly Proposed Bill No. 5881
22 January Session, 2015 LCO No. 2085
33 *02085*
44 Referred to Committee on PLANNING AND DEVELOPMENT
55 Introduced by:
66 REP. BOCCHINO, 150th Dist.
77
88 General Assembly
99
1010 Proposed Bill No. 5881
1111
1212 January Session, 2015
1313
1414 LCO No. 2085
1515
1616 *02085*
1717
1818 Referred to Committee on PLANNING AND DEVELOPMENT
1919
2020 Introduced by:
2121
2222 REP. BOCCHINO, 150th Dist.
2323
2424 AN ACT CONCERNING THE PHASE-IN OF CERTAIN RESIDENTIAL PROPERTY TAX INCREASES.
2525
2626 Be it enacted by the Senate and House of Representatives in General Assembly convened:
2727
2828 That the general statutes be amended to require that when a residential building is damaged by natural disaster or fire, any increase in the assessment of the building based on reconstruction compliant with new standards or building code requirements shall be phased in over a three-year period, with one-third of the increase added to the assessed value in each year of the phase-in.
2929
3030 Statement of Purpose:
3131
3232 To phase in any increased property taxes for homeowners who rebuild their residences after a natural disaster or fire in accordance with new standards and building code requirements.