Loading chat...

CT SB00351

Bill

Status

Engrossed

4/30/2024

Primary Sponsor

Government Administration and Elections Committee

Click for details

Origin

Senate

2024 General Assembly

AI Summary

  • Increases land record document recording fees from $40 to $45, effective July 1, 2024, with $41 of each fee remitted to the state community investment account (previously $36).

  • Allocates quarterly distributions from the community investment account as follows: $10 per fee to agriculture sustainability account, then 25% each to Economic and Community Development, Housing, Energy and Environmental Protection, and Agriculture departments.

  • Agriculture department receives funds for agricultural viability grants ($500,000 annually), farm transition program ($500,000 annually), Connecticut-grown food promotion ($100,000 annually), farm link program ($75,000 annually), Seafood Advisory Council ($47,500 annually), farm wine development ($47,500 annually), food policy council ($25,000 annually), and farmland preservation.

  • Increases state remittance of recording fees for mortgage nominees from $36 to $41 per fee for the community investment account, with town clerks retaining $49 per fee (including $39 for municipal general revenue and $10 for town clerk fund).

  • Requires the Commissioner of Agriculture to use designated funds for Connecticut-grown farm product marketing campaigns, website development, and promotion of business relationships between farmers and institutional purchasers.

Legislative Description

An Act Increasing Funding For The Community Investment Account.

Last Action

House Calendar Number 437

5/2/2024

Committee Referrals

Government Administration and Elections3/1/2024

Full Bill Text

No bill text available