Bill
Bill > HB05174
CT HB05174
CT HB05174An Act Concerning Funding For The City Of New London For Loss Of Taxes On Private Tax-exempt Property.
summary
Introduced
02/11/2026
02/11/2026
In Committee
02/11/2026
02/11/2026
Crossed Over
Passed
Dead
Introduced Session
2026 General Assembly
Bill Summary
To require four million dollars be paid to the city of New London to better reflect the lost property tax revenue from the United States Coast Guard Academy.
AI Summary
This bill requires that four million dollars be paid annually to the city of New London as reimbursement for lost property tax revenue specifically due to the presence of the United States Coast Guard Academy, which is considered private tax-exempt property. This payment aims to compensate the city for taxes it cannot collect on land owned by the federal government and used by the Academy, as outlined in a specific section of the general statutes.
Committee Categories
Budget and Finance
Sponsors (3)
Last Action
Referred to Joint Committee on Appropriations (on 02/11/2026)
bill text
bill summary
Loading...
bill summary
Loading...
bill summary
| Document Type | Source Location |
|---|---|
| State Bill Page | https://www.cga.ct.gov/asp/cgabillstatus/cgabillstatus.asp?selBillType=Bill&bill_num=HB05174&which_year=2026 |
| BillText | https://www.cga.ct.gov/2026/TOB/H/PDF/2026HB-05174-R00-HB.PDF |
Loading...