#FutureCT: Supporting a Strong Connecticut
More than 200 years ago, Connecticut and the rest of the nation decided not-for-profit hospitals, colleges, and cultural and historical institutions should be exempt from paying property tax. These institutions serve the public good by enhancing the health, education, and general welfare of a state's residents, and exemption from local property taxes provides necessary and important financial support. The exemption allows these institutions to pursue their basic mission of educating and caring for people, and conducting vital research that provides solutions for tomorrow.
In Connecticut, the state pays municipalities a payment in lieu of taxes (PILOT) as a partial reimbursement for the money they don't collect because of the tax exemption.
As you may recall, in the 2014 legislative session a bill was proposed that would have eliminated the property tax exemption for not-for-profit hospitals and colleges. The measure, which would have affected students, teachers, doctors, nurses, and patients, did not pass into law. However, the threat to this exemption remains as ongoing conversations about the state’s tax structure continue.
To that end, Connecticut’s private nonprofit colleges, schools and hospitals have joined together to highlight our value to the State both today and into the future, through the #FutureCT campaign. The campaign is intended to illustrate and educate the public on the value of the state’s non-profit institutions and the critical importance of the state’s PILOT program and preserving the long-standing property tax exemption for these institutions.
Please support us in this effort by:
For some additional facts and figures about the property tax exemption, the PILOT program and the contributions of CCIC Member Institutions in their communities, click here.
- Visiting the campaign’s website at www.futurect.org and SIGNING UP for action alerts on the Join Us page.
- Follow #FutureCT on Facebook and Twitter.
- Use the hashtag #FutureCT in social media (Facebook, Twitter, and Instagram) when you are posting a college, faculty, student, research, or community related success story.
- Please contact your legislators about this issue by clicking here.
- Please spread the word to your colleagues as well.