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CT HB05341
Bill
Status
Introduced
1/17/2013
Primary Sponsor
Brenda Kupchick
Click for details
AI Summary
- Amends chapter 203 of the general statutes to cap property value increases used for tax revaluation purposes at 50 percent
- Prohibits municipalities from increasing property taxes based on property value increases exceeding 50 percent during revaluation assessments
- Introduced by Rep. Kupchick (132nd District) in the January 2013 session
- Referred to the Committee on Finance, Revenue and Bonding
- Purpose is to maintain fair property taxes during revaluation cycles
Legislative Description
An Act Limiting The Increase In The Value Of Property For Purposes Of Revaluations.
Last Action
Change of Reference, Senate to Committee on Planning and Development
2/15/2013
Committee Referrals
Planning and Development2/14/2013
Finance, Revenue and Bonding1/17/2013
Full Bill Text
No bill text available