CT HB06240

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 under sections 8-216(b) and 8-216(d).

Requires annual PILOT payments equal to the property's assessed value multiplied by the municipal tax rate, calculated as if the exempt property were subject to taxation.

Mandates that municipalities waive other payments from housing authorities under section 8-71 in exchange for receiving PILOT payments.

Specifies that waived payments must be used by housing authorities for social and supplementary services to occupants, operating costs and reserves, or physical improvements to the property.

Takes effect October 1, 2021 for both amendments to section 8-216.