Last year's bill for New London Connecticut was a first step in enabling legislation for Connecticut municipalities. This year, more may be coming Connecticut General Assembly Acts
With important changes in the Planning and Development Committee, a new bill permitting land value taxation to allow all town to use Property Tax 2.0 is in the hopper. Sponsored by Senate Majority Leader Martin Looney, SB130 has been referred for public testimony (rare for not-a-chance bills) by the Planning and Development Committee.Senate Bill 130 represents a real chance for cash-strapped cities to reconfigure their property tax into a user fee for land values provided by the community. Here is last year's testimony, and we shall keep you posted on the progress of this very important issue.