Connecticut 2017 Regular Session

Connecticut Senate Bill SB00456

Introduced
1/19/17  
Introduced
1/19/17  
Refer
1/19/17  

Caption

An Act Concerning Aid For Homeowners With Failing Foundations.

Impact

The legislation aims to amend existing statutes to create opportunities for financial support specifically tailored to issues concerning failing foundations, which can be severe and costly for homeowners. Furthermore, the bill plans to introduce a waiver of state building fees for municipalities that choose to waive related fees for repair works. This could significantly reduce costs for local governments and homeowners alike, fostering an environment where repairs can be made more feasible.

Summary

Senate Bill 00456, titled 'An Act Concerning Aid for Homeowners with Failing Foundations,' seeks to provide assistance to homeowners facing issues with their building foundations. The bill proposes several measures including the establishment of funding sources dedicated to remediation projects. Homeowners who are dealing with failing foundations will be able to access these funds to alleviate the financial burden associated with repair works. By introducing a structured process for funding distribution, the bill aims to streamline assistance for affected homeowners.

Contention

While the bill has been designed to assist homeowners, there may be potential points of contention surrounding the allocation of state resources and the management of the loan guarantee fund. Some stakeholders may express concerns over how funds are distributed and whether all homeowners will have equitable access to these financial aid resources. Additionally, discussions may arise regarding the responsibilities of local governments in managing the waiver of fees and ensuring that remedial measures meet state guidelines.

Companion Bills

No companion bills found.

Previously Filed As

CT SB00008

An Act Concerning Drug Affordability.

CT SB00002

An Act Concerning Artificial Intelligence.

CT SB00001

An Act Concerning The Health And Safety Of Connecticut Residents.

CT SB00003

An Act Concerning Consumer Protection.

CT SB00006

An Act Concerning Housing.

CT SB00284

An Act Concerning A Security Deposit Loan Assistance Program.

CT SB00262

An Act Concerning Municipal Campaign Finance Filings.

CT SB00004

An Act Concerning Victims Of Domestic Violence, The Unsolicited Transmission Of Intimate Images By Means Of An Electronic Communication Device And The Impermissible Use Of Nondisclosure Agreements In The Workplace.

CT HB05514

An Act Concerning An Additional Tax Reduction For Eligible Homeowners Under The Circuit Breaker Property Tax Relief Program.

CT SB00005

An Act Concerning School Resources.

Similar Bills

No similar bills found.