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CT SB00382
Bill
Status
1/22/2015
Primary Sponsor
Government Administration and Elections Committee
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AI Summary
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Renames the "community investment account" to the "Donald E. Williams, Jr. community investment account" effective October 1, 2015.
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Maintains the account's funding structure distributing moneys quarterly: 25% each to the Department of Economic and Community Development (historic preservation), Department of Housing (affordable housing), and Department of Energy and Environmental Protection (open space grants), and 25% to the Department of Agriculture for various agricultural programs after allocating $10 per fee to an agriculture sustainability account.
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Updates all references to the renamed account in Connecticut General Statutes sections 7-34a and 49-10, which govern recording fees deposited into the account by town clerks and nominees of mortgagees.
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Specifies that town clerks retain portions of recording fees for local use while remitting $36 per document to the state to be credited to the renamed account.
Legislative Description
An Act Renaming The Community Investment Account.
Last Action
Removed from the Foot of the Calendar, Senate
6/1/2015