Connecticut Seal

General Assembly

File No. 518

    January Session, 2017

Senate Bill No. 377

Senate, April 11, 2017

The Committee on Planning and Development reported through SEN. CASSANO, S. of the 4th Dist. and SEN. LOGAN of the 17th Dist., Chairpersons of the Committee on the part of the Senate, that the bill ought to pass.

AN ACT AMENDING THE CHARTER OF THE ODD FELLOWS HOME OF CONNECTICUT.

Be it enacted by the Senate and House of Representatives in General Assembly convened:

Section 1. Section 3 of number 119 of the special acts of 1893, as amended by number 460 of the special acts of 1925, number 452 of the special acts of 1943, number 243 of the special acts of 1953, special act 73-28, section 1 of special act 82-35 and section 13 of public act 12-2 of the June special session, is amended to read as follows (Effective from passage):

The estate, property and fund which may be held by said corporation for the uses and purposes herein before expressed shall, with the rents, income and profits thereof, be exempted from all taxation, provided, that for purposes of property taxation, in the event that the otherwise taxable real and personal estate held at any one time by said corporation shall, [not amount to more than] on or after October 1, 2017, exceed twenty-five million dollars in assessed value, such excess shall not be exempted pursuant to this act. Nothing in this section shall be construed to affect said corporation's right to pursue any exemption from taxation otherwise available pursuant to the Connecticut general statutes.

This act shall take effect as follows and shall amend the following sections:

Section 1

from passage

Number 119 of the special acts of 1893, Sec. 3

PD

Joint Favorable

 

The following Fiscal Impact Statement and Bill Analysis are prepared for the benefit of the members of the General Assembly, solely for purposes of information, summarization and explanation and do not represent the intent of the General Assembly or either chamber thereof for any purpose. In general, fiscal impacts are based upon a variety of informational sources, including the analyst's professional knowledge. Whenever applicable, agency data is consulted as part of the analysis, however final products do not necessarily reflect an assessment from any specific department.


OFA Fiscal Note

State Impact: None

Municipal Impact:

Municipalities

Effect

FY 18 $

FY 19 $

Groton

Revenue Loss

See Below

See Below

Explanation

The bill results in a revenue loss of approximately $300,000 per year to Groton. The bill seeks to clarify the tax-exempt status of the Odd Fellow's Home in the wake of an ongoing legal dispute between Groton and the Home. Prior to 2012, the Home had been tax-exempt. The town has been taxing the Odd Fellow's Home based upon their interpretation of a 2012 public act, which they believe removed the Odd Fellow's Home's entire exemption once it had reached an appraised value of over $25 million. The Home has been paying property taxes on its entire assessment in protest despite interpreting the 2012 bill as instead removing the tax exemption for any assessment over $25 million.

Currently, the Home is assessed at $19 million. To the extent that the bill requires that any assessed value below $25 million is tax exempt, Groton will lose approximately $300,000 annually in revenue.

The Out Years

The annualized ongoing fiscal impact identified above would continue into the future subject to inflation.

Sources:

Groton Assessor's Office

OLR Bill Analysis

SB00377

AN ACT AMENDING THE CHARTER OF THE ODD FELLOWS HOME OF CONNECTICUT.

SUMMARY

The Office of Legislative Research does not analyze Special Acts.

COMMITTEE ACTION

Planning and Development Committee

Joint Favorable

Yea

21

Nay

0

(03/24/2017)

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