CT HB05504

Increases the maximum tax assessment for the Cornfield Point Association from $500 to $1,000 per lot with a dwelling or cottage, and from $100 to $200 per vacant lot

Requires the board of governors to submit a budget at each annual meeting and recommend a tax assessment based on that budget

Grants the association authority to decrease but not increase the budget or tax assessment recommended by the board of governors

Authorizes the tax collector to issue warrants for collection of unpaid annual bills pursuant to Connecticut General Statutes section 12-145

Tax assessments remain liens on the assessed property and must be recorded on Old Saybrook land records