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CT HB05151
Bill
Status
2/10/2010
Primary Sponsor
Edith Prague
Click for details
AI Summary
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Amends section 12-19a of the general statutes to modify the eligibility date for state grants in lieu of taxes on land held in trust for the Mashantucket Pequot Tribal Nation, moving it from on or after June 8, 1999 to an earlier date.
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Requires annual valuation of Mashantucket Pequot Tribal Nation trust lands for purposes of calculating state grants in lieu of taxes.
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Adds land taken into trust for the Mohegan Tribe as eligible for state grants in lieu of taxes, with annual valuation required for grant calculations.
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Aims to provide fairer compensation to towns for property tax revenue lost when land is declared exempt due to tribal trust status.
Legislative Description
An Act Concerning Grants In Lieu Of Taxes On Land Taken Into Trust For The Mashantucket Pequot Tribal Nation And The Mohegan Tribe.
Last Action
Public Hearing 03/01
2/23/2010