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CT HB05319
Bill
Status
Introduced
2/18/2016
Primary Sponsor
Timothy Ackert
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AI Summary
- Amends the state budget for the biennium ending June 30, 2017, to reimburse towns for motor vehicle property tax revenue losses.
- Applies reimbursement only to towns that experienced net loss of income due to the revaluation schedule for car taxes.
- Addresses financial impacts on municipalities resulting from the timing of car tax revaluation cycles.
Legislative Description
An Act Reimbursing Towns For Motor Vehicle Property Tax Losses Associated With Revaluation Schedules.
Last Action
Referred to Joint Committee on Finance, Revenue and Bonding
2/18/2016
Committee Referrals
Finance, Revenue and Bonding2/18/2016
Full Bill Text
No bill text available