OFFICE OF FISCAL ANALYSIS
Legislative Office Building, Room 5200
Hartford, CT 06106 (860) 240-0200
http://www.cga.ct.gov/ofa
sSB-447
AN ACT CONCERNING THE FAILURE TO FILE FOR CERTAIN
GRAND LIST EXEMPTIONS AND AUTHORIZING THE DEFERRAL
OF A CERTAIN MUNICIPALITY'S REAL PROPERTY
REVALUATION.
AMENDMENT
LCO No.: 4157
File Copy No.: 529
Senate Calendar No.: 307
Primary Analyst: JP 5/6/24
Contributing Analyst(s): (FN)
Reviewer: RW
OFA Fiscal Note
Potential Cost or Revenue Loss
The amendment allows taxpayers in Waterbury to receive tax
exemptions that they would have otherwise been eligible to receive if
they had not missed the filing deadline for such exemptions in certain
years. Depending on whether the payments have already been made,
this could result in a cost or revenue loss to the various municipalities
to reimburse such taxpayers. It is anticipated that any impact would
only occur in FY 25.
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.