PA 09-226—sSB 383

Planning and Development Committee

Finance, Revenue and Bonding Committee

Appropriations Committee

AN ACT EXEMPTING REGIONAL PLANNING ORGANIZATIONS FROM PAYMENT OF LOCAL PROPERTY TAXES

SUMMARY: This act exempts real property owned by or held in trust for a regional planning organization (RPO) from the property tax, so long as (1) the property is used to advance the organization's official duties and (2) the municipality where the property is located approves the exemption. By law, the three types of RPOs are regional councils of governments, regional councils of elected officials, and regional planning agencies.

EFFECTIVE DATE: October 1, 2009, and applicable to assessment years commencing on or after October 1, 2009.

OLR Tracking: KM: JK: PF: ts