General Assembly Raised Bill No. 7185
January Session, 2017 LCO No. 4408
*04408_______PD_*
Referred to Committee on PLANNING AND DEVELOPMENT
Introduced by:
(PD)
General Assembly
Raised Bill No. 7185
January Session, 2017
LCO No. 4408
*04408_______PD_*
Referred to Committee on PLANNING AND DEVELOPMENT
Introduced by:
(PD)
AN ACT EXEMPTING LEASED MUNICIPAL PROPERTY FROM TAXATION.
Be it enacted by the Senate and House of Representatives in General Assembly convened:
Section 1. Subdivision (4) of section 12-81 of the general statutes is repealed and the following is substituted in lieu thereof (Effective October 1, 2017):
(4) (A) Except as otherwise provided by law, personal property belonging to, [or] held in trust for, or leased to, a municipal corporation of this state and used for a public purpose, including [real and] personal property used for cemetery purposes, and (B) real property belonging to, held in trust for, or leased to, a municipal corporation of this state and used for a public purpose, including real property used for cemetery purposes, provided any such leased personal property, including, but not limited to, motor vehicles subject to the provisions of section 12-71 and any such leased real property is located within the boundaries of such municipal corporation;
This act shall take effect as follows and shall amend the following sections:
Section 1 October 1, 2017 12-81(4)
This act shall take effect as follows and shall amend the following sections:
Section 1
October 1, 2017
12-81(4)
Statement of Purpose:
To exempt leased municipal property from taxation.
[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.]