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CT SB00496

Bill

Official Source

Status

Introduced

1/21/2011

Primary Sponsor

Martin Looney

Click for details

Origin

Senate

2011 General Assembly

AI Summary

  • Amends Title 12 of the general statutes to establish a municipal tax revenue sharing system
  • Creates a pooling mechanism for a portion of property taxes generated by new commercial, industrial, or research development across municipalities
  • System is based on the Minnesota Tax-Base Sharing Plan model
  • Referred to the Committee on Planning and Development
  • Introduced by Senator Looney (11th District) during the January 2011 session

Legislative Description

An Act Concerning A Municipal Tax Revenue Sharing System.

Last Action

Public Hearing 03/02

2/25/2011

Committee Referrals

Planning and Development1/21/2011

Full Bill Text

No bill text available