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General Assembly Raised Bill No. 1068
January Session, 2021
LCO No. 5474
Referred to Committee on PLANNING AND DEVELOPMENT
Introduced by:
(PD)
AN ACT CONCERNING PR OPERTY TAXES AND AFF ORDABLE
HOUSING.
Be it enacted by the Senate and House of Representatives in General
Assembly convened:
Section 1. (NEW) (Effective October 1, 2021, and applicable to assessment 1
years commencing on or after October 1, 2021) (a) In addition to the tax 2
under chapter 204 of the general statutes, each municipality shall 3
impose upon each owner of residential real property located in such 4
municipality an assessment for such residential real property in 5
accordance with the provisions of subsection (b) of this section, 6
provided the first three hundred thousand dollars of the assessed value 7
of such residential real property shall be exempt from such additional 8
assessment. 9
(b) (1) In the case of a municipality in which ten per cent or more of 10
all dwelling units in such municipality are described in subdivisions (1) 11
to (5), inclusive, of subsection (k) of section 8-30g of the general statutes, 12
such municipality shall impose an additional assessment rate of zero 13
mills. 14
(2) In the case of a municipality in which eight per cent or more, but 15
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less than ten per cent, of all dwelling units in such municipality are 16
described in subdivisions (1) to (5), inclusive, of subsection (k) of section 17
8-30g of the general statutes, such municipality shall impose an 18
additional assessment rate of four-tenths of one mill. 19
(3) In the case of a municipality in which six per cent or more, but less 20
than eight per cent, of all dwelling units in such municipality are 21
described in subdivisions (1) to (5), inclusive, of subsection (k) of section 22
8-30g of the general statutes, such municipality shall impose an 23
additional assessment rate of eight-tenths of one mill. 24
(4) In the case of a municipality in which four per cent or more, but 25
less than six per cent, of all dwelling units in such municipality are 26
described in subdivisions (1) to (5), inclusive, of subsection (k) of section 27
8-30g of the general statutes, such municipality shall impose an 28
additional assessment rate of one and two-tenths of one mill. 29
(5) In the case of a municipality in which two per cent or more, but 30
less than four per cent, of all dwelling units in such municipality are 31
described in subdivisions (1) to (5), inclusive, of subsection (k) of section 32
8-30g of the general statutes, such municipality shall impose an 33
additional assessment rate of one and six-tenths of one mill. 34
(6) In the case of a municipality in which less than two per cent of all 35
dwelling units in such municipality are described in subdivisions (1) to 36
(5), inclusive, of subsection (k) of section 8-30g of the general statutes, 37
such municipality shall impose an additional assessment rate of two 38
mills. 39
This act shall take effect as follows and shall amend the following
sections:
Section 1 October 1, 2021, and
applicable to assessment
years commencing on or
after October 1, 2021
New section
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Statement of Purpose:
To require each municipality to impose an assessment rate, in addition
to that provided for under chapter 204 of the general statutes, on all
residential real property in such municipality depending on the amount
of certain affordable housing in such municipality.
[Proposed deletions are enclosed in brackets. Proposed additions are indicated by underline, except
that when the entire text of a bill or resolution or a section of a bill or resolution is new, it is not
underlined.]