LCO No. 2060 1 of 2
General Assembly Proposed Bill No. 550
January Session, 2021
LCO No. 2060
Referred to Committee on PLANNING AND DEVELOPMENT
Introduced by:
SEN. KELLY, 21st Dist.
SEN. FORMICA, 20th Dist.
AN ACT CONCERNING COMMUNITY INVESTMENT BOARDS AND
NEIGHBORHOOD ASSISTANCE.
Be it enacted by the Senate and House of Representatives in General
Assembly convened:
That the general statutes be amended to (1) require certain 1
municipalities to establish community investment boards to identify 2
priorities for the use of municipal revenue sharing grants and select 3
grants for payment in lieu of taxes, (2) require the Office of Policy and 4
Management to accept proposals for solutions to problems specific to 5
urban areas and establish pilot programs to implement such proposals, 6
and (3) establish a task force to study issues concerning nonprofit 7
providers. 8
Statement of Purpose:
To (1) require certain municipalities to establish community investment
boards to identify priorities for the use of municipal revenue sharing
grants and select grants for payment in lieu of taxes, (2) require the
Office of Policy and Management to accept proposals for solutions to
problems specific to urban areas and establish pilot programs to Proposed Bill No. 550
LCO No. 2060 2 of 2
implement such proposals, and (3) establish a task force to study issues
concerning nonprofit providers.