Raised S.B. No. 873
Session Year 2021
 


AN ACT MITIGATING ADVERSE TAX CONSEQUENCES RESULTING FROM EMPLOYEES WORKING REMOTELY DURING COVID-19, AND CONCERNING THE REMOVAL OF LIENS ON THE PROPERTY OF PUBLIC ASSISTANCE BENEFICIARIES AND A THREE-TIERED GRANTS IN LIEU OF TAXES PROGRAM.

To (1) mitigate adverse tax consequences resulting from employees working remotely during the taxable year 2020 due to COVID-19, (2) eliminate state recovery of public assistance payments from certain assets and estates, and (3) revise the calculation of the amounts of grants in lieu of taxes paid to municipalities, based on equalized net grand list per capita.

Introduced by:
Finance, Revenue and Bonding Committee

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Bill History

 Date Action Taken
 2/11/2021Public Hearing 02/16
 2/10/2021Referred to Joint Committee on Finance, Revenue and Bonding

Co-sponsors of SB-873

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