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CT SB00615

Bill

Official Source

Status

Introduced

1/28/2021

Primary Sponsor

Paul Formica

Click for details

Origin

Senate

2021 General Assembly

AI Summary

  • Amends chapter 201 of the general statutes to require the state to provide an annual payment in lieu of taxes to the city of New London
  • Payment amount set at $400,000 per year
  • Payment compensates New London for tax revenue losses on Connecticut Port Authority property, which is nontaxable
  • Introduced by Senator Formica (20th District) and referred to the Committee on Appropriations
  • January 2021 session bill (LCO No. 944)

Legislative Description

An Act Concerning Payments In Lieu Of Taxes To The City Of New London For The Connecticut Port Authority Property.

Last Action

Public Hearing 03/26

3/22/2021

Committee Referrals

Appropriations1/28/2021

Full Bill Text

No bill text available