The proposed bill, General Assembly Proposed Bill No. 13, seeks to amend the general statutes regarding the calculation of state forest land for the purpose of grants in lieu of taxes payments to municipalities. Specifically, the bill introduces new legal language that defines the value of state forest land as real property for municipalities where more than fifty percent of the land within their boundaries is designated as state forest. This change aims to ensure that municipalities with significant state forest land receive appropriate financial support from the state.
The bill does not specify any deletions from current law but focuses on the insertion of the new criteria for calculating the value of state forest land. By establishing this criterion, the bill intends to provide a clearer framework for determining grant payments, thereby potentially increasing the financial resources available to municipalities that host large areas of state forest.