Connecticut 2017 Regular Session

Connecticut House Bill HB06139 Compare Versions

Only one version of the bill is available at this time.
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11 General Assembly Proposed Bill No. 6139
22 January Session, 2017 LCO No. 1447
33 *01447*
44 Referred to Committee on FINANCE, REVENUE AND BONDING
55 Introduced by:
66 REP. STAFSTROM, 129th Dist.
77
88 General Assembly
99
1010 Proposed Bill No. 6139
1111
1212 January Session, 2017
1313
1414 LCO No. 1447
1515
1616 *01447*
1717
1818 Referred to Committee on FINANCE, REVENUE AND BONDING
1919
2020 Introduced by:
2121
2222 REP. STAFSTROM, 129th Dist.
2323
2424 AN ACT ESTABLISHING A MORTGAGE RECORDING TAX.
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 impose a tax of twenty-five cents per one hundred dollars of mortgage debt or obligation secured for the privilege of recording a mortgage on real property located within the state, such tax to be payable at the time of recording and remitted to the state for distribution to municipalities.
2929
3030 Statement of Purpose:
3131
3232 To establish a mortgage recording tax to diversify revenue streams to municipalities and provide property tax relief.