Bill Text: CT HB05319 | 2016 | General Assembly | Introduced

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Bill Title: An Act Reimbursing Towns For Motor Vehicle Property Tax Losses Associated With Revaluation Schedules.

Spectrum: Partisan Bill (Republican 1-0)

Status: (Introduced - Dead) 2016-02-18 - Referred to Joint Committee on Finance, Revenue and Bonding [HB05319 Detail]

Download: Connecticut-2016-HB05319-Introduced.html

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General Assembly		Proposed Bill No. 5319
February Session, 2016		LCO No. 354
		*00354*
Referred to Committee on FINANCE, REVENUE AND BONDING
Introduced by:
REP. ACKERT, 8th Dist.

AN ACT REIMBURSING TOWNS FOR MOTOR VEHICLE PROPERTY TAX LOSSES ASSOCIATED WITH REVALUATION SCHEDULES.

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

That the state budget for the biennium ending June 30, 2017, be amended to make towns whole with regard to car tax revenue lost due to the revaluation schedule if such schedule put towns at a net loss of income.

Statement of Purpose:

To reimburse towns for losses due to the timing of car tax revaluations.