CT HB05396

Tax collectors must provide notice of tax payment due dates and delinquency dates at least five days before each deadline, through newspaper advertising and posting on signposts, bulletin boards, or municipal websites.

Delinquent property taxes accrue interest at 1.5% per month or fraction thereof from the due date until payment, with this rate specified in all delinquency notices.

Tax collectors and assessors may jointly waive interest on delinquent property taxes if the delinquency results from an error by the tax collector or assessor, not from taxpayer action or inaction.

If interest is not waived, the total interest charged on delinquent property taxes cannot exceed 12% of the principal tax amount.

The act takes effect October 1, 2024, and applies to all assessment years commencing on or after that date.