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CT HB06412

Bill

Official Source

Status

Introduced

1/23/2023

Primary Sponsor

Lucy Dathan

Click for details

Origin

House of Representatives

2023 General Assembly

AI Summary

  • Amends Connecticut General Statutes Title 12 to allow municipalities that submit affordable housing plans under section 8-30j to reduce state remittance of real estate conveyance tax by 10 percent
  • Tax reduction applies during the five-year period of the municipality's affordable housing plan
  • Enables municipalities to retain more real estate conveyance tax revenue to support affordable housing initiatives
  • Referred to the Committee on Housing
  • Introduced by Rep. Dathan, 142nd District, in the January 2023 session

Legislative Description

An Act Concerning Real Estate Conveyance Tax Remittances And Affordable Housing Plans.

Last Action

Referred to Joint Committee on Housing

1/23/2023

Committee Referrals

Housing1/23/2023

Full Bill Text

No bill text available