S2567: Requires an appropriation of an additional five percent (5%) of the assessed value of all low-income housing as part of the payment in lieu of taxes program to the municipality where the property is located beginning in fiscal year 2026.

Legislative Summary

TOWNS AND CITIES -- STATE AID - Requires an appropriation of an additional five percent (5%) of the assessed value of all low-income housing as part of the payment in lieu of taxes program to the municipality where the property is located beginning in fiscal year 2026.