CT HB05485

Removes the three-year time limit for correcting clerical omissions or mistakes in municipal tax assessments, allowing corrections to be made at any time after the tax due date.

Requires assessors or boards of assessment appeals to provide written notice within ten days when a corrected assessment results in an increase, including the prior and new assessment amounts and the reason for the increase.

Permits property owners to pay additional taxes resulting from corrections "under protest" without incurring interest if they pay at least 75 percent of the tax or the board of assessment appeals reduces or removes the additional assessment.

Authorizes municipalities to abate all or part of property taxes on real property that cannot be occupied due to damage from a natural disaster, effective for assessment years beginning October 1, 2015 and later.

Abatement for natural disaster damage applies from the date of damage through the following October 1st and requires a vote by the municipal legislative body or board of selectmen.