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CT SB01000
Bill
Status
2/9/2023
Primary Sponsor
Planning and Development Committee
Click for details
AI Summary
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Requires municipalities receiving bona fide offers to purchase municipally owned real property located wholly or partly in another municipality to offer the other municipality a right of first refusal at the same price and substantially equivalent terms and conditions.
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The right of first refusal is automatically waived if the other municipality does not accept the offer in writing within 90 days of being offered the right.
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Applies to all towns, cities, boroughs, consolidated towns and cities, consolidated towns and boroughs, and their political subdivisions.
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Effective July 1, 2023.
Legislative Description
An Act Concerning The Sale Of Certain Municipally Owned Real Property.
Last Action
File Number 428
4/4/2023