Connecticut 2015 Regular Session

Connecticut House Bill HB06442 Compare Versions

Only one version of the bill is available at this time.
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11 General Assembly Proposed Bill No. 6442
22 January Session, 2015 LCO No. 1387
33 *01387*
44 Referred to Committee on FINANCE, REVENUE AND BONDING
55 Introduced by:
66 REP. CANDELORA, 86th Dist.
77
88 General Assembly
99
1010 Proposed Bill No. 6442
1111
1212 January Session, 2015
1313
1414 LCO No. 1387
1515
1616 *01387*
1717
1818 Referred to Committee on FINANCE, REVENUE AND BONDING
1919
2020 Introduced by:
2121
2222 REP. CANDELORA, 86th Dist.
2323
2424 AN ACT CONCERNING THE PROPERTY TAX ON REAL PROPERTY ACQUIRED BY NONPROFIT ORGANIZATIONS.
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 prorate the exemption from the property tax for real property purchased by or otherwise transferred to a nonprofit organization so that such property is fully exempt from the property tax for the first taxable year that it is owned by the nonprofit organization.
2929
3030 Statement of Purpose:
3131
3232 To fully exempt real property acquired by a nonprofit organization from the property tax for the first year of ownership.