Sunday, March 25, 2007

CT Prop 2 1/2

Not raised by one of Cheshire's legislators (Art O'Neill, R-Southbury), but I couldn't resist mentioning this bill:

HB05227 AN ACT CONCERNING A CAP ON PROPERTY TAXES LEVIED BY MUNICIPALITIES

It reads... "the general statutes be amended to limit the amount of tax that a municipality can raise to no more than two and-one-half per cent of the total value of all taxable real and personal property located within the municipality."

Called "Prop 2 1/2," Massachusetts did something similar 25 years ago and I've heard that it's been beneficial. Regardless, as long as there is a voter override, I think something of this nature is a good idea.

Tim White
Town Council, 4th District

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