LCO 3265 \\PRDFS1\HCOUSERS\BARRYJN\WS\2022HB-05474-R01- HB.docx 1 of 2 General Assembly Raised Bill No. 5474 February Session, 2022 LCO No. 3265 Referred to Committee on FINANCE, REVENUE AND BONDING Introduced by: (FIN) AN ACT ESTABLISHING A PROPERTY TAX EXEMPTION FOR PROPERTY LOCATED ON CERTAIN INDIAN LANDS. Be it enacted by the Senate and House of Representatives in General Assembly convened: Section 1. Section 12-81 of the 2022 supplement to the general statutes 1 is amended by adding subdivision (80) as follows (Effective October 1, 2 2022, and applicable to assessment years commencing on or after October 1, 3 2022): 4 (NEW) (80) Real property and tangible personal property located on 5 reservation land held in trust for a federally recognized Indian tribe. 6 This act shall take effect as follows and shall amend the following sections: Section 1 October 1, 2022, and applicable to assessment years commencing on or after October 1, 2022 12-81 Raised Bill No. 5474 LCO 3265 {\\PRDFS1\HCOUSERS\BARRYJN\WS\2022HB-05474- R01-HB.docx } 2 of 2 FIN Joint Favorable