Connecticut 2023 Regular Session

Connecticut Senate Bill SB00497 Compare Versions

Version 1 (Old)

Version 2 (New)

Old	New		Differences
	1	+
	2	+
	3	+	LCO \\PRDFS1\SCOUSERS\FORZANOF\WS\2023SB-00497-R02-
	4	+	SB.docx
	5	+	1 of 3
	6	+
	7	+	General Assembly Substitute Bill No. 497
	8	+	January Session, 2023
1	9
2	10
3	11
4		-	Substitute Senate Bill No. 497
5		-
6		-	Special Act No. 23-24
7	12
8	13
9	14		AN ACT ESTABLISHING A TASK FORCE TO STUDY ISSUES
10	15		RELATING TO THE REPEAL OF THE MOTOR VEHICLE PROPERTY
11	16		TAX.
12	17		Be it enacted by the Senate and House of Representatives in General
13	18		Assembly convened:
14	19
15		-	Section 1. (Effective from passage) (a) There is established a task force
16		-	to study the feasibility of repealing the motor vehicle property tax and
17		-	options for replacing the resulting lost municipal revenue. The task
18		-	force shall examine the potential impact of such repeal on municipal
19		-	budgets and analyze possibilities for replacing municipal revenue lost
20		-	as a result of such repeal. Such possibilities shall include, but need not
21		-	be limited to, an annual eight-per-cent tax on total direct net premiums
22		-	received by domestic insurance companies and insurance companies
23		-	organized under the laws of any other state or foreign government on
24		-	private passenger nonfleet automobile insurance policies and
25		-	homeowners insurance policies issued for property located in this state.
26		-	(b) The task force shall consist of the following members:
27		-	(1) One appointed by the speaker of the House of Representatives,
28		-	who is a representative of a nonprofit organization that advocates for
29		-	taxation reform;
30		-	(2) Two appointed by the president pro tempore of the Senate, one of Substitute Senate Bill No. 497
	20	+	Section 1. (Effective from passage) (a) There is established a task force 1
	21	+	to study the feasibility of repealing the motor vehicle property tax and 2
	22	+	options for replacing the resulting lost municipal revenue. The task 3
	23	+	force shall examine the potential impact of such repeal on municipal 4
	24	+	budgets and analyze possibilities for replacing municipal revenue lost 5
	25	+	as a result of such repeal. Such possibilities shall include, but need not 6
	26	+	be limited to, an annual eight-per-cent tax on total direct net premiums 7
	27	+	received by domestic insurance companies and insurance companies 8
	28	+	organized under the laws of any other state or foreign government on 9
	29	+	private passenger nonfleet automobile insurance policies and 10
	30	+	homeowners insurance policies issued for property located in this 11
	31	+	state. 12
	32	+	(b) The task force shall consist of the following members: 13
	33	+	(1) One appointed by the speaker of the House of Representatives, 14
	34	+	who is a representative of a nonprofit organization that advocates for 15
	35	+	taxation reform; 16
	36	+	(2) Two appointed by the president pro tempore of the Senate, one 17 Substitute Bill No. 497
31	37
32		-	Special Act No. 23-24 2 of 3
33	38
34		-	whom is a representative of a nonprofit organization that advocates for
35		-	policies that benefit individuals who are fifty years of age or older, and
36		-	one who shall have expertise in data analytics;
37		-	(3) One appointed by the majority leader of the House of
38		-	Representatives, who is a representative of a state-wide organization of
39		-	municipal leaders;
40		-	(4) Two appointed by the majority leader of the Senate, one of whom
41		-	is a representative of an organization that represents the interests of
42		-	insurers, and one of whom is a member of the faculty at The University
43		-	of Connecticut;
44		-	(5) One appointed by the minority leader of the House of
45		-	Representatives, who is the chief executive officer of a municipality with
46		-	a population of fewer than fifty thousand;
47		-	(6) One appointed by the minority leader of the Senate, who is the
48		-	chief executive officer of a municipality with a population of fifty
49		-	thousand or more;
50		-	(7) The Secretary of the Office of Policy and Management, or the
51		-	secretary's designee;
52		-	(8) The Commissioner of Revenue Services, or the commissioner's
53		-	designee; and
54		-	(9) The chairpersons, vice chairpersons and ranking members of the
55		-	joint standing committees of the General Assembly having cognizance
56		-	of matters relating to planning and development and finance, revenue
57		-	and bonding.
58		-	(c) All initial appointments to the task force shall be made not later
59		-	than thirty days after the effective date of this section. Any vacancy shall
60		-	be filled by the appointing authority. Substitute Senate Bill No. 497
	39	+	LCO {\\PRDFS1\SCOUSERS\FORZANOF\WS\2023SB-00497-
	40	+	R02-SB.docx }
	41	+	2 of 3
61	42
62		-	Special Act No. 23-24 3 of 3
	43	+	of whom is a representative of a nonprofit organization that advocates 18
	44	+	for policies that benefit individuals who are fifty years of age or older, 19
	45	+	and one who shall have expertise in data analytics; 20
	46	+	(3) One appointed by the majority leader of the House of 21
	47	+	Representatives, who is a representative of a state-wide organization of 22
	48	+	municipal leaders; 23
	49	+	(4) Two appointed by the majority leader of the Senate, one of 24
	50	+	whom is a representative of an organization that represents the 25
	51	+	interests of insurers, and one of whom is a member of the faculty at 26
	52	+	The University of Connecticut; 27
	53	+	(5) One appointed by the minority leader of the House of 28
	54	+	Representatives, who is the chief executive officer of a municipality 29
	55	+	with a population of fewer than fifty thousand; 30
	56	+	(6) One appointed by the minority leader of the Senate, who is the 31
	57	+	chief executive officer of a municipality with a population of fifty 32
	58	+	thousand or more; 33
	59	+	(7) The Secretary of the Office of Policy and Management, or the 34
	60	+	secretary's designee; 35
	61	+	(8) The Commissioner of Revenue Services, or the commissioner's 36
	62	+	designee; and 37
	63	+	(9) The chairpersons, vice chairpersons and ranking members of the 38
	64	+	joint standing committees of the General Assembly having cognizance 39
	65	+	of matters relating to planning and development and finance, revenue 40
	66	+	and bonding. 41
	67	+	(c) All initial appointments to the task force shall be made not later 42
	68	+	than thirty days after the effective date of this section. Any vacancy 43
	69	+	shall be filled by the appointing authority. 44
	70	+	(d) The speaker of the House of Representatives and the president 45 Substitute Bill No. 497
63	71
64		-	(d) The speaker of the House of Representatives and the president
65		-	pro tempore of the Senate shall select the chairpersons of the task force
66		-	from among the members of the task force. Such chairpersons shall
67		-	schedule the first meeting of the task force, which shall be held not later
68		-	than sixty days after the effective date of this section.
69		-	(e) The administrative staff of the joint standing committee of the
70		-	General Assembly having cognizance of matters relating to planning
71		-	and development shall serve as administrative staff of the task force.
72		-	(f) Not later than February 1, 2024, the task force shall submit a report
73		-	on its findings and recommendations to the joint standing committees
74		-	of the General Assembly having cognizance of matters relating to
75		-	planning and development and finance, revenue and bonding, in
76		-	accordance with the provisions of section 11-4a of the general statutes.
77		-	The task force shall terminate on the date that it submits such report or
78		-	February 1, 2024, whichever is later.
	72	+
	73	+	LCO {\\PRDFS1\SCOUSERS\FORZANOF\WS\2023SB-00497-
	74	+	R02-SB.docx }
	75	+	3 of 3
	76	+
	77	+	pro tempore of the Senate shall select the chairpersons of the task force 46
	78	+	from among the members of the task force. Such chairpersons shall 47
	79	+	schedule the first meeting of the task force, which shall be held not 48
	80	+	later than sixty days after the effective date of this section. 49
	81	+	(e) The administrative staff of the joint standing committee of the 50
	82	+	General Assembly having cognizance of matters relating to planning 51
	83	+	and development shall serve as administrative staff of the task force. 52
	84	+	(f) Not later than February 1, 2024, the task force shall submit a 53
	85	+	report on its findings and recommendations to the joint standing 54
	86	+	committees of the General Assembly having cognizance of matters 55
	87	+	relating to planning and development and finance, revenue and 56
	88	+	bonding, in accordance with the provisions of section 11-4a of the 57
	89	+	general statutes. The task force shall terminate on the date that it 58
	90	+	submits such report or February 1, 2024, whichever is later. 59
	91	+	This act shall take effect as follows and shall amend the following
	92	+	sections:
	93	+
	94	+	Section 1 from passage New section
	95	+
	96	+	PD Joint Favorable Subst.
79	97