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19 | 19 | | |
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20 | 20 | | AN ACT CONCERNING PA YMENTS IN LIEU OF TAXES TO |
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21 | 21 | | MUNICIPALITIES FOR HOUSING AUTHORITIES. |
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22 | 22 | | Be it enacted by the Senate and House of Representatives in General |
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23 | 23 | | Assembly convened: |
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24 | 24 | | |
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25 | 25 | | Section 1. (NEW) (Effective October 1, 2021) (a) As used in this section, 1 |
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26 | 26 | | "housing authority" means any of the public corporations created by 2 |
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27 | 27 | | section 8-40 of the general statutes, and the State Housing Authority 3 |
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28 | 28 | | when exercising the rights, powers, duties or privileges of, or subject to 4 |
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29 | 29 | | the immunities or limitations of, housing authorities pursuant to section 5 |
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30 | 30 | | 8-121 of the general statutes, the property of which is exempt from 6 |
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31 | 31 | | property tax under any provision of chapter 128 of the general statutes 7 |
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32 | 32 | | and "municipality" means any town, consolidated town and city, 8 |
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33 | 33 | | consolidated town and borough, borough, district, as defined in section 9 |
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34 | 34 | | 7-324 of the general statutes, and any city not consolidated with a town. 10 |
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35 | 35 | | (b) On or before January first, annually, the Secretary of the Office of 11 |
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36 | 36 | | Policy and Management shall determine the amount due to each 12 |
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37 | 37 | | municipality in the state, in accordance with this section, as a state grant 13 |
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38 | 38 | | in lieu of taxes with respect to real property and improvements on such 14 |
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39 | 39 | | property owned or leased by any housing authority for affordable 15 Raised Bill No. 880 |
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40 | 40 | | |
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41 | 41 | | |
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45 | 44 | | |
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46 | 45 | | housing purposes to receive payments in lieu of taxes for such property 16 |
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47 | 46 | | and improvements, exclusive of any such property operated by the 17 |
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48 | 47 | | federal government. 18 |
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49 | 48 | | (c) The grant payable to any municipality under the provisions of this 19 |
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50 | 49 | | section in the state fiscal year commencing July 1, 2023, and in each fiscal 20 |
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51 | 50 | | year thereafter, shall be equal to seventy-seven per cent of the property 21 |
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52 | 51 | | taxes which, except for any exemption applicable to any such housing 22 |
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53 | 52 | | authority property under the provisions of chapter 128 of the general 23 |
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54 | 53 | | statutes, would have been paid with respect to such exempt real 24 |
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55 | 54 | | property on the assessment list in such municipality for the assessment 25 |
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56 | 55 | | date two years prior to the commencement of the state fiscal year in 26 |
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57 | 56 | | which such grant is payable. The amount of the grant payable to each 27 |
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58 | 57 | | municipality in any year in accordance with this section shall be reduced 28 |
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59 | 58 | | proportionately in the event that the total of such grants in such year 29 |
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60 | 59 | | exceeds the amount appropriated for the purposes of this section with 30 |
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61 | 60 | | respect to such year. 31 |
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62 | 61 | | (d) The provisions of this section shall not apply to any municipality 32 |
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63 | 62 | | that is party to a contract under subsection (b) or (d) of section 8-216 of 33 |
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64 | 63 | | the general statutes and receiving payments in lieu of taxes pursuant to 34 |
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65 | 64 | | such contract during the term of such contract. 35 |
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66 | 65 | | This act shall take effect as follows and shall amend the following |
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67 | 66 | | sections: |
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68 | 67 | | |
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69 | 68 | | Section 1 October 1, 2021 New section |
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70 | 69 | | |
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