In its recent decision in FuelCell Energy, Inc. v. Town of Groton, 2024 WL 3529177 (2024), the Connecticut Supreme Court decided issues regarding the taxability of fuel cells. ...more
In 2022, the Connecticut General Assembly enacted a group of laws that changed the manner in which motor vehicles are assessed and taxed. The complete implementation of these statutes has been delayed in part due to various...more
During the 2024 regular session of the Connecticut General Assembly, seven bills were passed and signed into law that deal with a variety of property tax matters. Of these, the most significant is Public Act No. 24-151. This...more
The Connecticut General Assembly's Planning and Development Committee will be holding a public hearing on March 13 at 10:00 a.m. on the following bills of interest to commercial property owners and taxpayers...more
3/12/2024
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Fair Market Value ,
General Assembly ,
Property Owners ,
Property Tax ,
Property Valuation ,
Public Hearing ,
Real Estate Market ,
State and Local Government ,
Tax Assessment ,
Tax Liability ,
Tax Planning
National and local news has been replete with stories discussing the challenges and benefits of converting underutilized commercial properties such as office buildings into needed housing. A recently introduced bill pending...more
3/5/2024
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Connecticut ,
Construction Industry ,
Construction Project ,
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Housing Developers ,
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Public Hearing ,
Real Estate Development ,
Real Estate Market ,
Regulatory Agenda ,
Regulatory Reform ,
Tax Credits ,
Tax Incentives
A bill has been introduced before the Connecticut General Assembly that would eliminate property tax exemptions for real property acquired by an “independent institution of higher education” on or after October 1, 2024...more
2/23/2024
/ Colleges ,
Connecticut ,
Educational Institutions ,
General Assembly ,
Property Owners ,
Property Tax ,
Proposed Legislation ,
Regulatory Agenda ,
Tax Exemptions ,
Tax Liability ,
Universities
A large number of Connecticut municipalities are conducting revaluations as of October 1, 2023.
A notice containing the proposed new assessment of your property will be mailed before the end of this year. ...more
10/19/2023
/ Connecticut ,
Fair Market Value ,
Municipalities ,
Property Owners ,
Property Tax ,
Property Valuation ,
Real Estate Market ,
Revaluation ,
State and Local Government ,
Tax Assessment ,
Tax Liability ,
Tax Planning
While the recently concluded 2023 legislative session focused largely on other forms of taxation, the Connecticut General Assembly did pass several noteworthy acts regarding property taxation. Income and Expense Reports...more
7/17/2023
/ Connecticut ,
Easements ,
General Assembly ,
New Regulations ,
Property Owners ,
Property Tax ,
Property Valuation ,
Real Estate Market ,
State and Local Government ,
Tax Abatement ,
Tax Assessment ,
Tax Reform
On March 10, 2023 at 11:00 a.m., the Connecticut General Assembly’s Planning and Development Committee will hold a public hearing on the following bills of interest to both commercial and residential taxpayers...more
The inconsistent property tax treatment of solar photovoltaic (PV) systems by Connecticut municipalities has created impediments to their development. These impediments run counter to the State’s policies seeking to promote...more
Two bills pending before the Connecticut General Assembly seek to impose a new state-wide property tax on different classes of real property. Currently, property taxes are only imposed at the municipal level of government. ...more
2/23/2023
/ Connecticut ,
Local Taxes ,
Municipalities ,
Property Owners ,
Property Tax ,
Property Valuation ,
Proposed Legislation ,
Real Estate Market ,
Regulatory Agenda ,
State and Local Government ,
State Taxes ,
Tax Assessment ,
Tax Liability ,
Tax Planning ,
Tax Reform
For as long as most of us can remember, real and personal property in Connecticut has been assessed for property tax purposes at 70% of its fair market value. Senate Bill No. 999, which was recently introduced in the...more
Please note: This alert was originally published on 09/28/2022 and was updated on 11/17/2022.
A large number of Connecticut municipalities are conducting revaluations as of October 1, 2022. ...more
11/18/2022
/ Connecticut ,
Fair Market Value ,
Municipalities ,
Property Owners ,
Property Tax ,
Property Valuation ,
Real Estate Market ,
Revaluation ,
State and Local Government ,
Tax Assessment ,
Tax Liability ,
Tax Planning
A large number of Connecticut municipalities began conducting revaluations as of October 1, 2022.
Important topics for taxpayers to consider include...more
Connecticut municipalities are scheduled to conduct real property revaluations effective October 1, 2022. You may find the complete list of Connecticut municipalities conducting October 1, 2022 revaluations on the OPM website...more
As the result of a recent change to the law, Connecticut’s municipal revaluation schedule will be undergoing some significant changes beginning with the October 1, 2024 grand list. With the passage of Section 7 of Public Act...more
The Connecticut General Assembly recently passed a bill (File No. 678) that would allow 10 municipalities to postpone their upcoming revaluations by a year. Four municipalities (Danbury, Orange, Wilton and Stamford) are...more
Forty Connecticut municipalities are scheduled to conduct real property revaluations effective October 1, 2021. The following is a partial list of some larger municipalities undergoing a revaluation this year, which are home...more
9/27/2021
/ Manufacturing Facilities ,
Municipalities ,
Property Owners ,
Property Tax ,
Property Valuation ,
Real Estate Market ,
Revaluation ,
State and Local Government ,
Tax Assessment ,
Tax Liability ,
Tax Planning
Forty Connecticut municipalities are scheduled to conduct real property revaluations effective October 1, 2021. A list of the larger revaluing municipalities appears at the end of this alert. A revaluation notice containing...more
The deadline to appeal Fiscal Year 2021 assessments to municipal Boards of Assessors in Massachusetts depends on whether your property is located in a municipality that collects taxes two or four times per year. ...more
Thirty-four Connecticut municipalities are scheduled to conduct real property revaluations effective October 1, 2020. In response to COVID-19, Governor Lamont issued Executive Order 7S earlier this year which...more
On the evening of April 1, 2020, Connecticut Governor Ned Lamont issued the latest in a series of executive orders addressing the current public health crisis and its impacts on all aspects of our society. ...more
As part of his ongoing response to the COVID-19 public health emergency, Connecticut Governor Ned Lamont has issued a series of executive orders addressing a wide variety of governmental and private sector activities. ...more
Fourteen Connecticut municipalities are conducting real property revaluations effective October 1, 2019.
A revaluation notice containing the proposed new assessment of your property will be mailed in the latter part of...more
Approximately 20% of Connecticut’s 169 municipalities usually conduct general revaluations every five years as required by law. Due to a quirk in the schedule, 2019 revaluations will be conducted by only 14 communities. While...more
8/13/2019
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Compensation ,
Department of Transportation (DOT) ,
Eminent Domain ,
Fair Market Value ,
Filing Requirements ,
IRS ,
Licensing Rules ,
Municipalities ,
Property Tax ,
Property Valuation ,
Real Estate Market ,
Religious Institutions ,
Required Forms ,
Shopping Centers ,
State and Local Government ,
Tax Appeals ,
Tax Assessment ,
Tax Exemptions