The proposed bill, General Assembly Proposed Bill No. 128, seeks to amend section 12-7c of the general statutes to enhance the tax incidence report produced by the Department of Revenue Services. The amendment mandates the inclusion of a deidentified sampling of taxpayers from each income class, along with their corresponding property tax burdens. This change aims to provide a more comprehensive understanding of how property taxes impact different income groups.
The bill does not specify any deletions from the current law but focuses on the insertion of new legal language that requires the collection and reporting of additional data in the tax incidence report. By incorporating this data, the bill intends to improve transparency and inform policymakers about the distribution of property tax burdens across various income levels.