S2450 — Requires that the tax imposed upon the conveyance of any real property that is located in more than one municipality to be allocated between or among the municipalities in proportions to the assessed value of the property located in each municipality.

S2450 — Requires that the tax imposed upon the conveyance of any real property that is located in more than one municipality to be allocated between or among the municipalities in proportions to the assessed value of the property located in each municipality. · Informed CitizenryS2450 proposes a change in how transfer taxes are collected when a single piece of real estate crosses municipal boundaries, such as a commercial building spanning two towns. Currently, when prope…Open in Informed Citizenry