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CT SB00999

Bill

Status

Engrossed

5/16/2023

Primary Sponsor

Planning and Development Committee

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Origin

Senate

2023 General Assembly

AI Summary

  • Increases the uniform property assessment rate from 70 percent to 75 percent of present true and actual value for local property tax purposes in Connecticut municipalities.

  • Amends section 12-62a(b) of the Connecticut general statutes effective October 1, 2023, and applies to all assessment years commencing on or after that date.

  • Referred to the Committee on Planning and Development in the January 2023 session.

  • Received joint favorable recommendations from both the Planning and Development (PD) committee and the Finance (FIN) committee.

Legislative Description

An Act Increasing The Uniform Assessment Rate For Property Tax.

Last Action

House Calendar Number 538

5/18/2023

Committee Referrals

Finance, Revenue and Bonding4/26/2023
Planning and Development2/9/2023

Full Bill Text

No bill text available