Connecticut Senate Bill SB00647

Connecticut 2017 Regular Session

• Introduced: 1/25/17
• Refer: 1/25/17

Caption

An Act Exempting A Nonprofit Organization In Danbury From The Assessment Of Property Taxes.

Impact

The introduction of SB00647 could have significant implications for similar nonprofit organizations in Connecticut. By permitting late applications for tax exemptions, the bill acknowledges the operational hurdles faced by nonprofits, particularly those reliant on volunteer staff or limited resources. This flexibility could foster a more supportive environment for nonprofits, potentially encouraging greater community involvement and resource allocation to social services.

Summary

SB00647 aims to provide a property tax exemption for a nonprofit organization located in the city of Danbury. The bill allows the nonprofit to file an application for tax-exempt status beyond the usual deadlines established by local regulations. If a nonprofit organization fails to meet the deadline for this application, any property taxes assessed due to this failure would be waived. This legislative proposal seeks to alleviate financial burdens on nonprofits that may have faced challenges in adhering to application timelines.

Contention

While the bill primarily focuses on facilitating tax exemption for nonprofits, it raises questions regarding the equitable treatment of various organizations. Critics may argue that extending such exemptions based on late filings could set a precedent that undermines adherence to regulatory timelines across the state. Additionally, there could be concerns about the fiscal impact on local governments that depend on property tax revenues, as waiving taxes for one organization may lead to demands for similar treatment from others.