| Old | New | Differences | |
|---|---|---|---|
| 1 | 1 | ||
| 2 | 2 | ||
| 3 | 3 | LCO No. 3062 1 of 1 | |
| 4 | 4 | ||
| 5 | 5 | General Assembly Proposed Bill No. 6361 | |
| 6 | 6 | January Session, 2019 | |
| 7 | 7 | LCO No. 3062 | |
| 8 | 8 | ||
| 9 | 9 | ||
| 10 | 10 | Referred to Committee on PLANNING AND DEVELOPMENT | |
| 11 | 11 | ||
| 12 | 12 | ||
| 13 | 13 | Introduced by: | |
| 14 | 14 | REP. ROJAS, 9th Dist. | |
| 15 | 15 | ||
| 16 | 16 | ||
| 17 | 17 | ||
| 18 | 18 | AN ACT CONCERNING THE SHARING OF CERTAIN PROPERTY TAX | |
| 19 | 19 | REVENUE BY MUNICIPALITIES. | |
| 20 | 20 | Be it enacted by the Senate and House of Representatives in General | |
| 21 | 21 | Assembly convened: | |
| 22 | 22 | ||
| 23 | 23 | That the general statutes be amended to provide that if a business 1 | |
| 24 | 24 | relocates from a municipality in the state to another municipality in the 2 | |
| 25 | 25 | state in order to take advantage of financial support or incentives 3 | |
| 26 | 26 | provided by the state to encourage such relocation, any property tax 4 | |
| 27 | 27 | payments made by the business to the municipality to which it 5 | |
| 28 | 28 | relocated shall be shared equally with the municipality from which the 6 | |
| 29 | 29 | business moved. 7 | |
| 30 | 30 | Statement of Purpose: | |
| 31 | 31 | To mitigate the financial losses incurred by municipalities from which | |
| 32 | 32 | businesses move in order to take advantage of certain state assistance. |