General Assembly Raised Bill No. 347
January Session, 2015 LCO No. 1200
*01200_______ENV*
Referred to Committee on ENVIRONMENT
Introduced by:
(ENV)
General Assembly
Raised Bill No. 347
January Session, 2015
LCO No. 1200
*01200_______ENV*
Referred to Committee on ENVIRONMENT
Introduced by:
(ENV)
AN ACT CONCERNING THE PERCENTAGE OF STATE AND FEDERAL FUNDS THAT MAY BE USED TO PURCHASE OPEN SPACE UNDER THE OPEN SPACE AND WATERSHED LAND ACQUISITION PROGRAM.
Be it enacted by the Senate and House of Representatives in General Assembly convened:
Section 1. Subsection (c) of section 7-131g of the general statutes is repealed and the following is substituted in lieu thereof (Effective October 1, 2015):
(c) For purposes of this subsection, the fair market value of land or interest in land shall be determined by one or more appraisals satisfactory to the commissioner and shall not include incidental costs, including, but not limited to, surveying, development or closing costs. The commissioner may consider a portion of the fair market value of a donation of land by an entity receiving a grant as a portion of the matching funds required under this subsection. [A potential grantee may use funds made available by the state and federal government to fund not more than seventy per cent of the total cost of any project funded under the program.]
This act shall take effect as follows and shall amend the following sections:
Section 1 October 1, 2015 7-131g(c)
This act shall take effect as follows and shall amend the following sections:
Section 1
October 1, 2015
7-131g(c)
Statement of Purpose:
To remove the seventy-per-cent cap on the use of state and federal funds for the purchase of open space.
[Proposed deletions are enclosed in brackets. Proposed additions are indicated by underline, except that when the entire text of a bill or resolution or a section of a bill or resolution is new, it is not underlined.]