Connecticut Senate Bill SB00260

Connecticut 2020 Regular Session

• Introduced: 2/26/20
• Refer: 2/26/20

Caption

An Act Extending The Municipal Revaluation Deadline For The Town Of Hamden By One Year.

Impact

The passage of SB00260 would exempt the town of Hamden from the general requirements outlined in state law regarding revaluation timelines, thereby creating a unique situation for this municipality. This action is significant as it can set a precedent for other towns facing similar timing challenges with property assessments. The implications of the bill include a potential delay in updated property values, which are critical for calculating fair property taxation and can affect the town's budget and services provided to residents.

Summary

SB00260, also known as the act extending the municipal revaluation deadline for the town of Hamden, aims to provide the town with an additional year to implement necessary property revaluations. This legislative measure is crucial for local governance as it addresses timing and procedural requirements for property assessments, which can significantly impact municipal revenue and taxation structures. The bill allows Hamden to postpone the revaluation that would typically be in force under existing statutes, thereby giving local authorities more flexibility in managing their revaluation processes.

Contention

While the bill primarily aims to aid Hamden, it may also raise concerns among constituents regarding transparency and fairness in property taxation. Supporters of the bill may argue that the extension is necessary to ensure accurate and fair assessments, allowing more time for local officials to properly conduct revaluations. However, opponents could contend that delaying the revaluation may lead to outdated property values and could unduly benefit certain property owners at the expense of equal tax distribution among residents.