Most of this non-taxable property like private colleges and hospitals is located in cities like New Haven, Hartford, and Bridgeport.
Senate President Martin Looney wants the state to dedicate $114 million in state funds to increase payments to cities and towns for this non-taxable property.
The proposal has Republican support but that support is contingent on how the state decides to pay for it.
“Raising taxes is a very difficult conversation as you well know and certainly for any municipality the greater the property tax burden, no matter what the reason, makes that community less affordable,” Darien First Selectwoman Jayme Stevenson said.