CT SB00198

Municipalities shall not charge or collect interest on property taxes for active duty armed forces members serving outside the state on the tax payment due date or residing in the state for less than one year after returning from service.

Interest waivers apply to any property tax or installment owed by residents who are members of the U.S. Armed Forces, any state military, or reserve components and have been called to active service.

Waived interest shall be reinstated if the armed forces member fails to pay the delinquent property tax after residing in the state for at least one year following their return from service.

Repeals sections 12-146c and 12-146d of the general statutes, effective October 1, 2016.

Changes municipalities from optional to mandatory provision of interest waivers for qualifying active duty service members, effective October 1, 2016 for assessment years commencing on or after that date.