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CT HB05967

Bill

Status

Introduced

1/28/2021

Primary Sponsor

Brian Smith

Click for details

Origin

House of Representatives

2021 General Assembly

AI Summary

  • Reduce the interest rate charged by municipalities for property tax underpayments to one-fourth of one percent per month or a fraction thereof
  • Apply the reduced interest rate to sewer system installation and connection assessments
  • Apply the reduced interest rate to benefit assessments charged to property owners in tax increment financing districts for public improvements
  • Apply the reduced interest rate to special assessments on blighted housing and taxes and assessments set by special taxing districts

Legislative Description

An Act Concerning Interest Rates Charged On Certain Property Tax Underpayments And Assessments.

Last Action

Referred to Joint Committee on Planning and Development

1/28/2021

Committee Referrals

Planning and Development1/28/2021

Full Bill Text

No bill text available