7. (2013 December) News: Connecticut Land Value Tax Pilot Program

Connecticut is allowing the Secretary of the Office of Policy and Management to create pilot land value taxation programs in as many as three municipalities in the state.

“Selected municipalities shall develop a plan for implementation of land value taxation that (1) classifies real estate included in the taxable grand list as (A) land or land exclusive of buildings, or (B) buildings on land; and (2) establishes a different mill rate for property tax purposes for each class, provided the higher mill rate shall apply to land or land exclusive of buildings.”

Read more: http://1.usa.gov/1aUkImZ

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