Connecticut HB 5174: AN ACT CONCERNING FUNDING FOR THE CITY OF NEW LONDON FOR LOSS OF TAXES ON PRIVATE TAX-EXEMPT PROPERTY.

Status: REF. TO JOINT COMM. ON Appropriations (as of 2026-02-11)

State: Connecticut · Session: 2026 · Bill: HB 5174

Subjects: New London, Payments in lieu of taxes, United States Coast Guard

Sponsors: Anthony L. Nolan, Daniel Gaiewski, Martha Marx

Bill Text

LCO No. 964 1 of 1

General Assembly Proposed Bill No. 5174
February Session, 2026 LCO No. 964

Referred to Committee on APPROPRIATIONS

Introduced by:
REP. GAIEWSKI, 40th Dist.
SEN. MARX, 20th Dist.
REP. NOLAN, 39th Dist.

AN ACT CONCERNING FUNDING FOR THE CITY OF NEW LONDON
FOR LOSS OF TAXES ON PRIVATE TAX-EXEMPT PROPERTY.
Be it enacted by the Senate and House of Representatives in General
Assembly convened:

That subdivision (4) of subsection (f) of section 4-66p of the general 1
statutes be amended to provide that four million dollars be paid for 2
reimbursement to the city of New London with respect to the United 3
States Coast Guard Academy annually for loss of taxes on private tax-4
exempt property. 5
Statement of Purpose:
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.

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