Bill Text: CT HB06481 | 2017 | General Assembly | Comm Sub

Connecticut House Bill 6481 (Prior Session Legislation)

Bill Title: An Act Requiring The Appraisal Of Certain Property By Municipalities And Water Companies Prior To Sale.

Spectrum: Committee Bill

Status: (Introduced - Dead) 2017-05-10 - Referred by House to Committee on Appropriations [HB06481 Detail]

Download: Connecticut-2017-HB06481-Comm_Sub.html

General Assembly		*Substitute Bill No. 6481*
*January Session, 2017*		_____HB06481PD____032717____

AN ACT REQUIRING THE APPRAISAL OF CERTAIN PROPERTY BY MUNICIPALITIES AND WATER COMPANIES PRIOR TO SALE.

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

Section 1. (NEW) (Effective July 1, 2017, and applicable to sales occurring on and after September 1, 2017) Prior to the sale of any real property owned by a municipality or water company, as defined in section 25-32a, that includes or is part of a watershed or encompasses a well or reservoir, such municipality or water company shall cause an appraisal of the fair market value of such real property to be completed. Not later than sixty days prior to such sale, such municipality or water company shall make such appraisal public on such municipality's or water company's Internet web site, or if no such Internet web site exists, through other practicable means as determined by such municipality or water company.


This act shall take effect as follows and shall amend the following sections:
Section 1	July 1, 2017, and applicable to sales occurring on and after September 1, 2017	New section