LCO No. 1400 1 of 1 General Assembly Proposed Bill No. 380 January Session, 2021 LCO No. 1400 Referred to Committee on PLANNING AND DEVELOPMENT Introduced by: SEN. MARONEY, 14th Dist. AN ACT CONCERNING A MUNICIPAL OPTION TO ESTABLISH A PROPERTY TAX CREDIT FOR DONATIONS TO CERTAIN SCHOLARSHIP PROGRAMS. Be it enacted by the Senate and House of Representatives in General Assembly convened: That the general statutes be amended to provide that any 1 municipality, upon approval by its legislative body, may provide a 2 property tax credit to any owner of property in such municipality that 3 makes voluntary, unrestricted and irrevocable cash donations to a 4 scholarship program established by such municipality, provided such 5 legislative body shall consult with the Secretary of the Office of Policy 6 and Management to develop and establish (1) the requirements for any 7 such owner's eligibility for such tax credit, (2) the amount of such tax 8 credit, and (3) the criteria for any such scholarship program. 9 Statement of Purpose: To permit a municipality to provide a property tax credit to any owner of property in such municipality that donates to a scholarship program established by such municipality.