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CT SB00231

Bill

Official Source

Status

Introduced

1/8/2025

Primary Sponsor

Heather Bond Somers

Click for details

Origin

Senate

2025 General Assembly

AI Summary

  • Amends how state forest land is valued for calculating state grants in lieu of taxes (PILOT) payments to municipalities
  • Applies only to municipalities where over 50% of land within their boundaries is state forest
  • Requires state forest land in qualifying municipalities to be valued as real property under section 12-64 of the general statutes
  • Would increase PILOT payments to heavily forested municipalities by using standard real property valuation methods
  • Introduced by Senator Somers (18th District) and referred to the Planning and Development Committee

Legislative Description

An Act Concerning The Calculation Of State Forest Land In Certain Municipalities For Purposes Of Grants In Lieu Of Taxes Payments.

Last Action

Change of Reference, House to Committee on Finance, Revenue and Bonding

2/10/2025

Committee Referrals

Finance, Revenue and Bonding2/5/2025
Planning and Development1/8/2025

Full Bill Text

No bill text available