Connecticut 2021 Regular Session

Connecticut Senate Bill SB00318

Introduced
1/25/21  
Introduced
1/25/21  
Refer
1/25/21  

Caption

An Act Providing For Optional Payment Of The Healthy Homes Fund Surcharge.

Impact

The proposed changes hold significant implications for homeowners affected by the surcharge. By shifting from a mandatory to an optional payment structure, the bill seeks to alleviate some financial burdens on homeowners, allowing them greater flexibility in managing their insurance costs. Proponents of SB00318 argue that the optional payment could lead to increased homeowner satisfaction and participation in funding the Healthy Homes initiative, which aims to address health and safety in residential properties.

Summary

SB00318, titled 'An Act Providing For Optional Payment Of The Healthy Homes Fund Surcharge', proposes to amend section 38a-331 of the general statutes. The primary objective of this bill is to eliminate the mandate requiring insured individuals under certain homeowners insurance policies to pay a surcharge. Instead, it aims to provide an option for these insured parties concerning the Healthy Homes Fund surcharge, which has been a point of discussion among lawmakers and constituents alike.

Contention

Despite the potential benefits, this bill is not without its controversies. Critics point out that the surcharge is essential for maintaining the Healthy Homes Fund, which provides necessary resources for home safety improvements and public health measures. They argue that making the surcharge optional could diminish funding support for these critical initiatives, leading to poorer health outcomes in the community. As discussions progress, stakeholders emphasize the need to balance financial flexibility for homeowners with the imperative of sustaining key public health programs.

Companion Bills

No companion bills found.

Previously Filed As

CT SB00011

An Act Concerning Connecticut Resiliency Planning And Providing Municipal Options For Climate Resilience.

CT HB05118

An Act Establishing A Capital Gains Surcharge And Concerning The Use Of The Revenue Generated From Such Surcharge.

CT SB00372

An Act Concerning A Working Group To Study Payments By Insurance Companies For Deposit Into The Insurance Fund.

CT SB00035

An Act Establishing A Capital Gains Surcharge.

CT SB00341

An Act Establishing A Fallen Officer Fund And Providing Health Insurance Coverage To Survivors Of A Police Officer Killed In The Line Of Duty.

CT HB05113

An Act Increasing The Highest Marginal Rate Of The Personal Income Tax And Establishing A Capital Gains Surcharge To Provide Funding For Certain Child-related, Municipal And Higher Education Initiatives.

CT SB00085

An Act Concerning The Corporation Business Tax Surcharge.

CT SB00086

An Act Concerning The Corporation Business Tax Surcharge.

CT HB05402

An Act Excluding From Veterans' Income Calculations Certain Benefits Payments For Purposes Of Eligibility For Certain State And Municipal Programs.

CT SB00446

An Act Concerning Payments In Lieu Of Taxes.

Similar Bills

No similar bills found.