CT SB01556

Establishes a Connecticut Appeals Board for Property Valuation within the Office of Policy and Management, consisting of five Governor-appointed members serving six-year terms with salaries at 90-100% of Superior Court judge pay

Municipalities may elect by ordinance to have all property tax assessment appeals heard by the state board instead of local boards of assessment appeals

Aggrieved property owners must file appeals within two months of the assessor's action; appeals are heard de novo and not limited to arguments previously presented to the assessor

Board must issue decisions within 90 days of hearings; properties under $1 million or single-family residential may be assigned to a single board member for initial hearing

Decisions may be appealed to Superior Court within two months; if assessment is reduced, taxpayers receive reimbursement with interest or a tax credit for overpayments