CT SB00180

Sets the interest rate for assigned municipal tax liens at twelve percent per annum, effective October 1, 2022.

Interest accrues on the delinquent portion of the principal of assigned tax obligations beginning on the assignment date.

Assignees of tax liens are not insulated from liability for their conduct under section 42-110c.

Requires assignees to provide payoff statements to taxpayers in the same manner as mortgagees under sections 49-8a and 49-10a.

Grants assignees the same enforcement rights as private parties holding liens on real property, including foreclosure and suit on the debt.