CT HB06651

Establishes a task force to study financial and legal consequences of unclaimed or abandoned real property for municipalities, including impacts on property tax revenues and adjacent property values.

Task force composition includes six legislatively-appointed members (one each from House speaker, Senate president pro tempore, House majority leader, Senate majority leader, House minority leader, and Senate minority leader), plus the Commissioners of Economic and Community Development and Revenue Services, and the Secretary of the Office of Policy and Management.

Initial appointments must be made within 30 days of enactment, with the first meeting held no later than 60 days after enactment.

Task force shall examine property tax foreclosure procedures, incentive programs to encourage property maintenance and occupancy, and strategies for municipal property disposition.

Task force must submit findings and recommendations to the joint standing committee on planning and development by January 1, 2024, and shall terminate on the report submission date or January 1, 2024, whichever is later.