Bill > SB00232

This bill proposes two key changes to municipal governance and taxation in Connecticut. First, it would limit the annual growth of property taxes to either 2% or the rate of inflation, whichever is lower, effectively creating a cap on how much local property tax can increase each year. Second, the bill would require a supermajority vote in the General Assembly (specifically, a two-thirds majority in both the Senate and House of Representatives) to impose any new mandates on municipalities. This means that if the state wants to require municipalities to do something new, it would need significantly more legislative support than a simple majority vote. The purpose of these provisions is to provide financial predictability for property owners by constraining tax increases and to give municipalities more protection against unfunded or burdensome state-mandated requirements. The bill aims to balance municipal fiscal stability with taxpayer interests by introducing these restrictive measures.

Housing and Urban Affairs

https://www.cga.ct.gov/asp/cgabillstatus/cgabillstatus.asp?selBillType=Bill&bill_num=SB00232&which_year=2025