LCO No. 1406 1 of 1 General Assembly Proposed Bill No. 5739 January Session, 2019 LCO No. 1406 Referred to Committee on PLANNING AND DEVELOPMENT Introduced by: REP. PETIT, 22nd Dist. AN ACT CONCERNING PAYMENT IN LIEU OF TAXES. Be it enacted by the Senate and House of Representatives in General Assembly convened: That the general statutes be amended to maintain the amount of 1 payment in lieu of taxes provided to municipalities and establish an 2 equitable formula by which to calculate reimbursement to 3 municipalities. 4 Statement of Purpose: To maintain the amount of payment in lieu of taxes provided to municipalities and establish an equitable formula by which to calculate reimbursement to municipalities.