Researcher: JSB Page 1 3/16/21
OLR Bill Analysis
SB 697
AN ACT CONCERNING CERTAIN MUNICIPAL AGREEMENTS TO
FIX ASSESSMENTS.
SUMMARY
In towns where the legislative body is a town meeting, this bill
authorizes the board of selectmen, if they have been authorized by
ordinance, to enter into certain agreements to fix assessments on real
property or air space. Under current law, only a municipality’s
legislative body may enter into these agreements.
The bill applies to a law that allows municipalities to fix
assessments for up to 10 years on real property or air space
undergoing improvements for various purposes, including office,
manufacturing, or retail uses; multifamily housing; or transportation
or parking facilities.
EFFECTIVE DATE: October 1, 2021
COMMITTEE ACTION
Planning and Development Committee
Joint Favorable
Yea 18 Nay 8 (03/02/2021)