General Assembly Substitute Bill No. 5478
February Session, 2016 *_____HB05478PD____031516____*
General Assembly
Substitute Bill No. 5478
February Session, 2016
*_____HB05478PD____031516____*
AN ACT CONCERNING GRANTS IN LIEU OF TAXES.
Be it enacted by the Senate and House of Representatives in General Assembly convened:
Section 1. (NEW) (Effective July 1, 2016) Notwithstanding the provisions of section 12-18b of the general statutes, real property owned by a private nonprofit institution of higher learning that is used primarily for primary and secondary education purposes shall not be eligible for a grant in lieu of taxes pursuant to said section.
This act shall take effect as follows and shall amend the following sections:
Section 1 July 1, 2016 New section
This act shall take effect as follows and shall amend the following sections:
Section 1
July 1, 2016
New section
PD Joint Favorable Subst.
PD
Joint Favorable Subst.