General Assembly Proposed Bill No. 6262
January Session, 2015 LCO No. 1120
*01120*
Referred to Committee on PLANNING AND DEVELOPMENT
Introduced by:
REP. BOLINSKY, 106th Dist.
General Assembly
Proposed Bill No. 6262
January Session, 2015
LCO No. 1120
*01120*
Referred to Committee on PLANNING AND DEVELOPMENT
Introduced by:
REP. BOLINSKY, 106th Dist.
AN ACT LIMITING PROPERTY TAX INCREASES FOR SENIORS AND INDIVIDUALS LIVING ON FIXED INCOMES.
Be it enacted by the Senate and House of Representatives in General Assembly convened:
That the general statutes be amended to cap property tax increases to a percentage not to exceed the corresponding Social Security per cent increases in the most recent benefit year for seniors and individuals living on a fixed percentage who (1) have lived in the municipality for ten years; and (2) derive at least two-thirds of their net income from Social Security.
Statement of Purpose:
To limit property tax increases for seniors and individuals living on fixed incomes.