General Assembly |
Proposed Bill No. 5111 |
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February Session, 2016 |
LCO No. 913 | ||||
*00913* | |||||
Referred to Committee on FINANCE, REVENUE AND BONDING |
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Introduced by: |
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REP. JOHNSON, 49th Dist. |
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AN ACT CONCERNING PAYMENT IN LIEU OF TAXES.
Be it enacted by the Senate and House of Representatives in General Assembly convened:
That chapter 201 of the general statutes be amended to require the state to fully fund payments in lieu of taxes to municipalities.
Statement of Purpose:
To provide municipalities with resources and expand economic development by requiring the state to fully fund PILOT payments.