Raised Bill No. 446 is an act concerning payments in lieu of taxes (PILOT) for certain properties in Connecticut. The bill proposes amendments to sections 12-18b(a) and (b) of the 2024 supplement to the general statutes, effective July 1, 2024. The bill introduces new definitions and classifications for municipalities based on their equalized net grand list per capita, categorizing them into tier one, tier two, and tier three municipalities. It also expands the definition of "State, municipal or tribal property" to include land held in trust by the federal government for the Mashantucket Pequot Tribal Nation or the Mohegan Tribe of Indians of Connecticut.

The bill outlines the determination and payment of state grants in lieu of taxes to municipalities and fire districts where college, hospital, state, municipal, or tribal property is located. It specifies the percentages of property taxes that would have been paid on various types of properties, including correctional facilities, medical wards for prisoners, properties owned by the Connecticut Port Authority, and municipally owned airports. Notably, the bill deletes the provision that granted 100% of property taxes on land taken into trust by the federal government for the Mashantucket Pequot Tribal Nation after June 8, 1999, and renumbers subsequent sections accordingly. The purpose of the bill is to address PILOT on certain land taken into trust by the federal government for the Mashantucket Pequot and Mohegan Tribes.