CT HB06577

Modifies Connecticut's real estate conveyance tax to apply to conveyances that include buildings, houses, structures affixed to land, and other improvements, effective July 1, 2013 for conveyances on or after that date.

Clarifies that the tax applies when "one or more purchasers" receive property, replacing language referring only to "the purchaser."

Specifies that the tax applies when "total consideration paid, regardless of whether paid to the seller or to a third person, or both" equals or exceeds $2,000.

Maintains existing tax rates: three-quarters of one percent of consideration remitted to the state General Fund and one-fourth of one percent retained as municipal revenue.

Intended to clarify developer liability for the real estate conveyance tax when land and residence are sold in separate transactions.