Connecticut SB 101: AN ACT AUTHORIZING BONDS OF THE STATE FOR CONSTRUCTION OF A REGIONAL SENIOR CENTER IN GRISWOLD.

Bill Text

LCO No. 502 1 of 1

General Assembly Proposed Bill No. 101
February Session, 2026 LCO No. 502

Referred to Committee on FINANCE, REVENUE AND
BONDING

Introduced by:
SEN. LOONEY, 11th Dist.

AN ACT ESTABLISHING A STATE-WIDE PROPERTY TAX ON
CERTAIN RESIDENTIAL REAL PROPERTY.
Be it enacted by the Senate and House of Representatives in General
Assembly convened:

That the general statutes be amended to establish a state-wide 1
property tax at the rate of (1) 2 mills on residential real property with an 2
assessed value of more than three million dollars but less than five 3
million dollars, (2) 3 mills on residential real property with an assessed 4
value of five million dollars or more but less than ten million dollars, 5
and (3) 4 mills on residential real property with an assessed value of ten 6
million dollars or more. 7
Statement of Purpose:
To establish a state-wide property tax on residential real property with
assessed values of more than three million dollars.