Connecticut 2021 Regular Session

Connecticut Senate Bill SB00037

Introduced
1/8/21  
Refer
1/8/21  

Caption

An Act Concerning The Reassessment Of Residential Buildings With Defective Concrete Foundations And Quarry Geological Source Reporting.

Impact

The implications of SB00037 are significant for property laws within the state. By allowing reassessments of properties with known defects, the bill seeks to provide some relief to homeowners struggling with property value declines due to structural issues. This legislation may encourage homeowners to address foundation problems more promptly, knowing that they can reassess their property and potentially help mitigate financial losses related to diminished value caused by faulty construction materials.

Summary

SB00037, also known as 'An Act Concerning the Reassessment of Residential Buildings with Defective Concrete Foundations and Quarry Geological Source Reporting', aims to address issues related to residential buildings that have foundations made of defective concrete. The bill proposes that owners of such buildings can obtain a reassessment of their property, which would remain valid until the defective foundation is repaired or replaced. This reassessment provision is designed to protect property owners and potentially maintain their property values in light of structural concerns.

Contention

While the bill has the potential for positive impact, there may be points of contention regarding how the reassessment process will be implemented and the responsibility of quarries that supply aggregate for concrete. The requirement for quarries to annually prepare geological source reports raises questions about the accountability of these suppliers regarding the quality of their materials. Critics may argue about the burden this might place on quarry operations and the potential cost implications for builders and consumers alike. The overall effectiveness of the bill may also depend on regulatory enforcement and clarity in the reassessment process.

Companion Bills

No companion bills found.

Previously Filed As

CT SB00224

An Act Requiring Notice Of Revaluation To Certain Owners Of Residential Buildings With Defective Concrete Foundations.

CT HB05476

An Act Concerning Municipal Issues.

CT HB05524

An Act Authorizing And Adjusting Bonds Of The State And Concerning Provisions Related To State And Municipal Tax Administration, General Government And School Building Projects.

CT SB00395

An Act Concerning The Reporting Of Medical Debt.

CT SB00385

An Act Concerning Energy Procurements, Certain Energy Sources And Programs Of The Public Utilities Regulatory Authority.

CT SB00011

An Act Concerning Connecticut Resiliency Planning And Providing Municipal Options For Climate Resilience.

CT HB05232

An Act Concerning Solar Projects Throughout The State.

CT HB05290

An Act Concerning Various Revisions To The Public Health Statutes.

CT SB00264

An Act Concerning The Bonding Authority Of The Connecticut Municipal Redevelopment Authority, The Reporting Of Material Financial Obligations By State Agencies, Tax-exempt Proceeds Fund References And The Notification Of The Sale Or Lease Of Projects Financed With Bond Proceeds.

CT HB05055

An Act Strengthening Police Data Reporting Requirements.

Similar Bills

No similar bills found.