LCO No. 853 1 of 1 General Assembly Proposed Bill No. 5706 January Session, 2025 LCO No. 853 Referred to Committee on PLANNING AND DEVELOPMENT Introduced by: REP. BIGGINS, 11th Dist. AN ACT CONCERNING CERTAIN DETERMINATIONS OF FAIR MARKET VALUE FOR PURPOSES OF PROPERTY TAXATION. Be it enacted by the Senate and House of Representatives in General Assembly convened: That title 12 of the general statutes be amended to specify that a 1 municipal assessor shall not consider income generated by the sale of 2 retail goods in determining fair market value for purposes of property 3 taxation. 4 Statement of Purpose: To specify that a municipal assessor shall not consider income generated by the sale of retail goods in determining fair market value for purposes of property taxation.