LCO No. 3832 1 of 2
General Assembly Raised Bill No. 6553
January Session, 2021
LCO No. 3832
Referred to Committee on AGING
Introduced by:
(AGE)
AN ACT PROTECTING PR OPERTY OWNERS AGE FI FTY AND OLDER
FROM FORECLOSURE.
Be it enacted by the Senate and House of Representatives in General
Assembly convened:
Section 1. (NEW) (Effective July 1, 2021) (a) Notwithstanding the 1
provisions of chapter 205 of the general statutes, or any other provision 2
of the general statutes, or policies, rules or regulations promulgated 3
thereunder, no municipality shall place a lien on real property that is a 4
principal residence of or integral to a business owned by a taxpayer age 5
fifty or older for delinquent taxes unless taxes owed exceed fifteen per 6
cent of the property's assessed value. 7
(b) Notwithstanding any other provision of the general statutes, or 8
policies, rules or regulations promulgated thereunder, a municipality 9
shall not (1) assess interest on delinquent property taxes that exceeds the 10
annual rate of inflation as determined by the National Consumer Price 11
Index, or (2) impose legal fees, penalties or other fees associated with 12
collection of such delinquent taxes that exceed twenty per cent of taxes 13
due at the time of settlement, on real property that is a principal 14
residence of or integral to a business owned by a taxpayer age fifty or 15 Raised Bill No. 6553
LCO No. 3832 2 of 2
older. 16
(c) For purposes of this section, real property that is integral to a 17
business owned by a taxpayer age fifty or older, includes, but is not 18
limited to, (1) real property that is used to conduct fifty per cent or more 19
of a business from which the taxpayer earns fifty per cent or more of his 20
or her adjusted gross income as determined for purposes of the federal 21
income tax, or (2) real property that is zoned for business use by the 22
taxpayer. 23
This act shall take effect as follows and shall amend the following
sections:
Section 1 July 1, 2021 New section
Statement of Purpose:
To set limitations on tax liens on real property owned by taxpayers age
fifty and older.
[Proposed deletions are enclosed in brackets. Proposed additions are indicated by underline, except
that when the entire text of a bill or resolution or a section of a bill or resolution is new, it is not
underlined.]