AN ACT REQUIRING THE ADVISORY COUNCIL ON INTERGOVERNMENTAL RELATIONS TO CONDUCT A STUDY CONCERNING THE FEASIBILITY OF AUTHORIZING MUNICIPALITIES THAT HAVE ENTERED INTO REVENUE SHARING AGREEMENTS TO ADOPT DIFFERENTIAL MILL RATES.

This bill requires the Connecticut Advisory Commission on Intergovernmental Relations to study whether municipalities with revenue sharing agreements should be allowed to set different property tax mill rates for properties involved in those agreements. The commission must complete this study and submit a report with findings and recommendations to the state legislature by January 1, 2027. The bill directly affects the Office of Policy and Management, which will incur a one-time cost of $50,000 to conduct the study, while municipalities and taxpayers are not directly impacted by immediate changes. This measure does not authorize any new tax policies but instead mandates an analysis of the feasibility of such a change before any legislative action could be taken.