Bill Text: CT HB05182 | 2016 | General Assembly | Introduced

NOTE: There are more recent revisions of this legislation. Read Latest Draft
Bill Title: An Act Exempting Leased Municipal Property From Taxation.

Spectrum: Committee Bill

Status: (Engrossed - Dead) 2016-04-22 - File Number 703 [HB05182 Detail]

Download: Connecticut-2016-HB05182-Introduced.html

General Assembly

 

Raised Bill No. 5182

February Session, 2016

 

LCO No. 997

 

*00997_______PD_*

Referred to Committee on PLANNING AND DEVELOPMENT

 

Introduced by:

 

(PD)

 

AN ACT EXEMPTING LEASED MUNICIPAL PROPERTY FROM TAXATION.

Be it enacted by the Senate and House of Representatives in General Assembly convened:

Section 1. Subdivision (4) of section 12-81 of the 2016 supplement to the general statutes is repealed and the following is substituted in lieu thereof (Effective October 1, 2016, and applicable to assessment years commencing on and after October 1, 2016):

(4) Except as otherwise provided by law, real and personal property belonging to, or held in trust for, or leased to, a municipal corporation of this state and used for a public purpose, including real and personal property used for cemetery purposes;

This act shall take effect as follows and shall amend the following sections:

Section 1

October 1, 2016, and applicable to assessment years commencing on and after October 1, 2016

12-81(4)

Statement of Purpose:

To exempt leased municipal property from taxation.

[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.]

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