OFFICE OF FISCAL ANALYSIS
Legislative Office Building, Room 5200
Hartford, CT 06106 (860) 240-0200
http://www.cga.ct.gov/ofa
sHB-6643
AN ACT CONCERNING MUNICIPAL TAXATION ASSISTANCE
PROGRAMS AND THE MUNICIPAL PROPERTY TAX WAIVER.
AMENDMENT
LCO No.: 9126
File Copy No.: 548
House Calendar No.: 392
Primary Analyst: DD 5/24/21
Contributing Analyst(s): ()
OFA Fiscal Note
State Impact: None
Municipal Impact:
Municipalities Effect FY 22 $ FY 23 $
Various Municipalities Potential
Revenue
Loss
Less than
$5,000
None
Explanation
The amendment changes the effective date of the underlying bill to
July 1, 2021. This allows municipalities to implement a program,
established in the underlying bill, to reduce the interest rate on
deferred property taxes in FY 22. This results in a revenue loss of less
than $5,000 in municipalities that implement this program in FY 22.
The amendment has no fiscal impact in FY 23 or the out years as the
underlying bill already allows municipalities to implement this
program in those years.
The preceding Fiscal Impact statement is prepared for the benefit of the members of the General Assembly,
solely for the purposes of information, summarization and explanation and does not represent the intent of the
General Assembly or either chamber thereof for any purpose. In general, fiscal impacts are based upon a variety
of informational sources, including the analyst’s professional knowledge. Whenever applicable, agency data is
consulted as part of the analysis, however final products do not necessarily reflect an assessment from any
specific department.