Bill > HB06804

This bill proposes to modify section 12-81 of the general statutes by removing property tax exemptions that currently apply to housing owned by private secondary educational institutions and used for faculty or staff housing. Currently, such properties are likely exempt from local property taxes, which means these educational institutions do not have to pay taxes on buildings or properties used to house their employees. By eliminating this tax exemption, private secondary schools would now be required to pay property taxes on housing they own and use for faculty and staff members. This change could potentially increase local government revenue and create a more uniform property tax treatment across different types of property owners. The bill is straightforward in its aim to end a specific tax advantage for private secondary educational institutions regarding their employee housing properties.

Budget and Finance

https://www.cga.ct.gov/asp/cgabillstatus/cgabillstatus.asp?selBillType=Bill&bill_num=HB06804&which_year=2025