CT HB06643

Municipalities and districts may establish payment deferral programs for fiscal years ending June 30, 2022, and June 30, 2023, allowing taxpayers to defer payment for 90 days on real property, personal property, motor vehicle taxes, and municipal water, sewer, or electric charges.

Delinquent portions of taxes and municipal charges subject to deferral are charged interest at 3 percent per annum during the 90-day deferral period, after which standard interest and penalties apply.

The 3 percent interest rate provision does not apply to taxes or charges already subject to interest and penalties below 3 percent per annum.

Municipalities may waive property taxes due in amounts less than $100 by action of their legislative body, increasing the previous waiver threshold from $25 to $100.