Connecticut 2012 Regular Session

Connecticut House Bill HB05472

Introduced
3/8/12  
Refer
3/8/12  
Report Pass
4/3/12  
Report Pass
4/3/12  
Refer
4/16/12  
Refer
4/16/12  
Report Pass
4/23/12  
Report Pass
4/23/12  
Engrossed
5/7/12  
Engrossed
5/7/12  
Report Pass
5/7/12  

Caption

An Act Concerning Filing Deadlines For Certain Property Tax Exemptions.

Impact

The enactment of HB 05472 is expected to have a significant positive impact on property owners who might have overlooked essential filing periods. By enabling these individuals to apply for exemptions retroactively, the bill aims to reduce financial burdens associated with unpaid taxes resulting from missed applications. Moreover, it mandates that municipalities reimburse applicants for any taxes paid above what they would have owed should their applications have been approved in a timely manner. This will particularly affect the budgets of affected towns if a substantial number of property owners take advantage of the revised provisions.

Summary

House Bill 05472 aims to amend existing property tax laws in Connecticut by establishing new provisions for filing deadlines related to property tax exemptions. Specifically, the bill allows individuals in certain municipalities, including Danbury, Windsor, Seymour, Bridgeport, and Waterbury, who qualify for exemptions but missed the filing deadline to file their exemption applications within an extended window of thirty days from the bill's effective date. Furthermore, applicants must pay a late filing fee as stipulated by the state statutes, allowing them to be regarded as filing in a timely manner, facilitating access to exemptions that could otherwise be lost due to missed deadlines.

Sentiment

The sentiment surrounding HB 05472 appears generally positive, particularly among property owners and local government officials who recognize the need for flexibility in filing applications for tax exemptions. Supporters argue that this bill demonstrates a commitment to ensuring that individuals receive the tax relief they are entitled to, thus fostering a more empathetic approach to state taxation policy. However, there could be concerns raised about the financial implications for municipalities required to process the reimbursements, echoing debates on local budget management and sustainability.

Contention

Notable points of contention surrounding the bill mainly involve the concerns of local government representatives regarding the potential financial strain this measure might place on municipal budgets. While the bill facilitates essential tax relief for residents, it also implies additional administrative duties for assessors tasked with verifying applications and processing reimbursements. Critics may argue that such legislative measures should consider the broader fiscal impacts on local revenues and administrative capacities, inciting discussions on finding a sustainable balance between tax relief initiatives and local budgetary responsibilities.

Companion Bills

No companion bills found.

Previously Filed As

CT SB00447

An Act Concerning The Failure To File For Certain Grand List Exemptions And Authorizing The Deferral Of A Certain Municipality's Real Property Revaluation.

CT HB05172

An Act Concerning The Assessment Of Motor Vehicles For Property Taxation.

CT HB05492

An Act Establishing A Farm Investment Tax Credit And Concerning The Threshold For Certain Optional Farm-related Property Tax Exemptions.

CT SB00450

An Act Phasing In The Exemption Of Motor Vehicles From Property Tax And Increases In The Uniform Property Assessment Rate.

CT SB00452

An Act Concerning The Property Tax Appeals Process And The Penalty Related To The Submission Of Income And Expenses Information For Rental Properties.

CT SB00501

An Act Concerning Motor Vehicle Assessments For Property Taxation, Innovation Banks, The Interest On Certain Tax Underpayments, The Assessment On Insurers, School Building Projects, The South Central Connecticut Regional Water Authority Charter And Certain State Historic Preservation Officer Procedures.

CT HB05516

An Act Concerning A Municipal Option For A Homestead Property Tax Exemption.

CT HB05524

An Act Authorizing And Adjusting Bonds Of The State And Concerning Provisions Related To State And Municipal Tax Administration, General Government And School Building Projects.

CT SB00262

An Act Concerning Municipal Campaign Finance Filings.

CT HB05393

An Act Concerning Certain Adjustments To Gross Assessments Of Taxable Real Property.

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