Connecticut 2021 Regular Session

Connecticut House Bill HB05967 Compare Versions

Only one version of the bill is available at this time.
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33 LCO No. 2004 1 of 1
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55 General Assembly Proposed Bill No. 5967
66 January Session, 2021
77 LCO No. 2004
88
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1010 Referred to Committee on PLANNING AND DEVELOPMENT
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1313 Introduced by:
1414 REP. SMITH, 48th Dist.
1515 SEN. OSTEN, 19th Dist.
1616 REP. NOLAN, 39th Dist.
1717 REP. CONLEY, 40th Dist.
1818 REP. RYAN, 139th Dist.
1919 SEN. FLEXER, 29th Dist.
2020
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2323 AN ACT CONCERNING INTEREST RATES CHARGED ON CERTAIN
2424 PROPERTY TAX UNDERPAYMENTS AND ASSESSMENTS.
2525 Be it enacted by the Senate and House of Representatives in General
2626 Assembly convened:
2727
2828 That the general statutes be amended to reduce the interest rate 1
2929 charged by municipalities for property tax underpayments to one-2
3030 fourth of one per cent per month or a fraction thereof, and to apply such 3
3131 interest rate to sewer system installation and connection assessments, 4
3232 benefit assessments charged to property owners in tax increment 5
3333 financing districts to finance public improvements, special assessments 6
3434 on blighted housing and taxes and assessments set by special taxing 7
3535 districts. 8
3636 Statement of Purpose:
3737 To reduce interest rates charged by municipalities for certain property
3838 tax underpayments and assessments.