Connecticut House Bill HB05349

Connecticut 2014 Regular Session

• Introduced: 2/25/14
• Refer: 2/25/14

Caption

An Act Concerning The Time In Which Certain Residential Property Owners May Appeal An Assessment.

Impact

The bill modifies existing provisions under Section 12-112 of the general statutes by establishing clearer deadlines for filing appeals related to property assessments. Specifically, it extends the deadline for filing appeals to thirty days prior to the due date of the second property tax installment. This adjustment aims to enhance the fairness of the assessment process by ensuring that affected taxpayers have more opportunities to contest potentially inflated valuations, thereby impacting local tax revenues as well.

Summary

House Bill 5349 addresses the timeframe in which residential property owners may appeal property assessments made by local assessors. It stipulates that homeowners whose property assessments increase by at least twenty percent from the previous year will be allowed additional time to appeal those assessments. This change is intended to give property owners adequate time to respond to potentially significant tax increases resulting from rising property values, which can have substantial financial implications.

Contention

Noteworthy points of contention regarding HB 5349 may arise from differing views on property taxation fairness. Proponents argue that allowing additional time for appeals provides a much-needed safeguard for homeowners facing steep assessments, thus promoting equity in tax burdens. Conversely, opponents may raise concerns regarding potential impacts on local budgets, as extended appeals could delay the collection of property taxes, affecting municipal funding for public services.

Last_action

The bill is referred to the Planning and Development Committee and aims for enactment effective from October 1, 2014, impacting assessment years thereafter.