OFFICE OF FISCAL ANALYSIS
Legislative Office Building, Room 5200
Hartford, CT 06106 (860) 240-0200
http://www.cga.ct.gov/ofa
sSB-464
AN ACT CONCERNING THE FAILURE TO FILE FOR CERTAIN
GRAND LIST EXEMPTIONS.
Primary Analyst: DD 4/14/22
Contributing Analyst(s):
OFA Fiscal Note
State Impact: None
Municipal Impact:
Municipalities Effect FY 23 $ FY 24 $
Danbury, Groton, Manchester,
Middletown, Watertown, West
Hartford, Windsor Locks
Cost/Revenue
Loss
Minimal None
Explanation
The bill allows taxpayers in certain towns to receive exemptions for
which they would have qualified if they did not miss the filing deadline.
This results in a revenue loss to impacted towns, or cost to reimburse
taxpayers, in an amount equal to the exemption they receive. Any
impact is expected to be minimal, and to occur in FY 23 only.
The Out Years
There is no fiscal impact in the out years, as the bill provides for a
one-time waiver for missing the deadline to file for tax exemptions.