Bill Summary: HB 5463

• Makes minor and technical revisions to Connecticut's tax and related statutes, effective October 1, 2020, affecting 41 different sections of the General Statutes.

• Updates pronoun usage and grammatical references throughout tax codes (e.g., changing "his" to "the commissioner's" or "such person's") to reflect modern legislative drafting standards.

• Clarifies definitions and procedures related to property tax assessments, declarations, and penalties, including updates to sections governing personal property declarations and assessment list requirements.

• Implements technical corrections to provisions governing income tax modifications, tax credits, estate tax reductions, and various business-related tax provisions.

• Updates references and definitions across multiple tax chapters including sales tax, use tax, beverage tax, petroleum tax, and property tax relief programs for elderly and disabled homeowners.