CT HB06356

Changes the Commissioner of Housing's authority to enter payment-in-lieu-of-taxes (PILOT) contracts with municipalities from discretionary ("may") to mandatory ("shall") for state housing authority properties and Connecticut Housing Finance Authority properties, effective October 1, 2019.

Requires PILOT payments to be calculated annually as the full amount of taxes that would be paid if the property were not tax-exempt, based on assessed value multiplied by the municipal tax rate.

Mandates that municipalities waive payments under section 8-71 during PILOT contract periods, with waived amounts used by housing authorities for social and supplementary services, operating costs, or property improvements.

Modifies section 8-71 to provide permanent payment waivers for municipalities that received grant-in-aid in fiscal year 2015, removing the prior time limitation of June 2, 2016 through June 30, 2019.

Extends the PILOT requirement to state-owned properties under chapter 129 and allows contracts to cover the remaining years of project operation.