Bill > HB06527

This bill amends section 12-57 of the general statutes to expand the ability of municipal assessors to issue certificates of correction for tangible personal property (physical assets like equipment, furniture, or machinery owned by a business or individual) that was incorrectly assessed for tax purposes. Currently, there are likely time restrictions on when such corrections can be made, but this bill would allow assessors to issue these certificates at any time after the tax due date, providing more flexibility for correcting assessment errors. The purpose is to give municipal assessors a broader window to rectify mistakes in property tax assessments, which could benefit both taxpayers and local governments by ensuring more accurate taxation. By removing time limitations, the bill aims to create a more responsive and fair system for addressing unintentional errors in the assessment of tangible personal property.

Housing and Urban Affairs

https://www.cga.ct.gov/asp/cgabillstatus/cgabillstatus.asp?selBillType=Bill&bill_num=HB06527&which_year=2025