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CT HB06464

Bill

Official Source

Status

Introduced

1/23/2023

Primary Sponsor

Christopher Rosario

Click for details

Origin

House of Representatives

2023 General Assembly

AI Summary

  • Amends Chapter 203 of Connecticut General Statutes to establish tax assessment requirements for affordable housing properties
  • Requires real property used for low or moderate-income housing that is subject to federal or state regulatory agreements on rental charges to be assessed based on capitalized net rental income
  • Applies the income approach method to standardize property tax valuations for affordable housing units
  • Referred to Committee on Planning and Development for the January 2023 legislative session

Legislative Description

An Act Concerning The Tax Assessment Of Affordable Housing.

Last Action

Change of Reference, Senate to Committee on Housing

2/9/2023

Committee Referrals

Housing2/8/2023
Planning and Development1/23/2023

Full Bill Text

No bill text available