Bill Text: CT HB05338 | 2011 | General Assembly | Introduced
Bill Title: An Act Concerning Incentives For Municipal Revenue Sharing.
Spectrum: Moderate Partisan Bill (Democrat 4-1)
Status: (Introduced - Dead) 2011-02-28 - Public Hearing 03/04 [HB05338 Detail]
Download: Connecticut-2011-HB05338-Introduced.html
General Assembly |
Proposed Bill No. 5338 |
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January Session, 2011 |
LCO No. 680 | ||||
Referred to Committee on Planning and Development |
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Introduced by: |
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REP. GROGINS, 129th Dist. SEN. MUSTO, 22nd Dist. (By Request) |
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AN ACT CONCERNING INCENTIVES FOR MUNICIPAL REVENUE SHARING.
Be it enacted by the Senate and House of Representatives in General Assembly convened:
That the general statutes be amended to provide that when a municipality on the list of municipalities with fiscal disparities enters into an agreement with any other municipality in its region to share revenues pursuant to section 7-148bb of the general statutes, the municipality in the region may establish a mill rate on nonresidential real property up to the mill rate of the municipality on the list.
Statement of Purpose:
To allow municipalities to partner with financially struggling cities to reduce the tax burden on their respective homeowners.