Bill > HB05189

This bill allows municipalities to reduce the assessed property tax value for units located in common interest communities (like condominiums or homeowners associations) when those units no longer receive certain municipal services. Specifically, the bill enables local governments to lower property tax assessments if services such as garbage collection, waste disposal, or road maintenance are no longer provided to the affected units. A common interest community is a property where multiple owners share common areas and are governed by a collective association. The bill provides municipalities with flexibility to adjust property tax valuations to reflect a reduction in services, ensuring that property owners are not required to pay full tax rates for services they no longer receive. This legislation aims to create a more equitable tax assessment process by directly linking property taxes to the level of municipal services provided to a specific property unit.

Housing and Urban Affairs

https://www.cga.ct.gov/asp/cgabillstatus/cgabillstatus.asp?selBillType=Bill&bill_num=HB05189&which_year=2025