Connecticut SB00013 amends state forest land valuation for grants in lieu of taxes in certain municipalities.
Connecticut SB00013 amends the calculation of state forest land value for grants in lieu of taxes payments to municipalities where over fifty percent of the land is state forest. This bill changes the valuation of state forest land to be treated as real property for determining these grants, aligning with section 12-64 of the general statutes. The intent is to adjust the financial support provided to municipalities with significant state forest land holdings.
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