The Connecticut General Assembly recently passed a bill requiring municipalities to assess properties used solely for low and moderate-income housing based on the capitalized value of their net rental income....more
7/2/2024
/ Affordable Housing ,
Connecticut ,
Critical Infrastructure Sectors ,
General Assembly ,
Housing Market ,
Low Income Housing ,
Low-Income Issues ,
Municipalities ,
New Regulations ,
Property Tax ,
Regulatory Reform ,
Rent Control ,
Rental Property ,
State and Local Government ,
Urban Planning & Development
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
As an update to our recent post titled “New Remedial Bill Concerning Connecticut Property Tax Exemption for Manufacturers In Certain Municipalities,” which analyzed Raised Senate Bill 1136 (“SB 1136”); a related bill, Senate...more
Connecticut has adopted a variety of property tax exemptions for certain specified uses of real and personal property, including property used in manufacturing. The prerequisite filing obligations and deadlines associated...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
While many of us have been fixated on the soaring gas prices and dreading our next fill-up at the pump, Connecticut recently passed new legislation making a switch to electric vehicles even more intriguing.
During the...more
6/23/2022
/ Charging Stations ,
Connecticut ,
Electric Vehicles ,
General Assembly ,
Infrastructure ,
Land Owners ,
Parking Lots ,
Property Tax ,
Public Acts ,
Real Estate Development ,
Tax Exemptions ,
Tax Liability ,
Tax Reform ,
Transportation Industry ,
Urban Planning & Development
Welcome to Manufacturing Updates, Pullman & Comley’s quarterly publication that summarizes important legal developments for manufacturers. Manufacturing Updates brings together insights from attorneys across our many practice...more
9/28/2021
/ Consumer Financial Products ,
Coronavirus/COVID-19 ,
Data Privacy ,
Employer Mandates ,
Financial Services Industry ,
Infectious Diseases ,
Libor ,
Loans ,
Manufacturers ,
Manufacturing Facilities ,
Property Tax ,
Secured Overnight Funding Rate (SOFR) ,
Tax Planning ,
Vaccinations ,
Workplace Safety
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
As Pullman & Comley’s Property Tax and Valuation Department (“PTVD”) has previously brought to the attention of Connecticut’s taxpayers, on April 1, 2020, Governor Ned Lamont issued Executive Order (“EO”) No. 7S establishing...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
/ Carve Out Provisions ,
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
Tidbit on NNN lease property valuation -
A sort of a humdrum ruling on the assessment appeal of a garden variety industrial building nevertheless offers a valuable insight as to proper use of the income valuation...more
6/7/2019
/ Ad Valorem Tax ,
Apartments ,
Appraisal ,
Condemnation ,
County Assessors ,
CT Supreme Court ,
Fair Market Value ,
Hospitality Industry ,
Housing Market ,
Inverse Condemnation ,
Property Owners ,
Property Tax ,
Property Valuation ,
Tax Appeals ,
Tax Assessment ,
Tax Court ,
Tax Revenues
In an ad valorem appeal of the value of an office/retail building and its associated parking lot in Springfield, the Massachusetts Appellate Tax Board (ATB) addressed the property owner’s contention that a proposal to...more
3/15/2019
/ Ad Valorem Tax ,
Discrimination ,
NY Supreme Court ,
Physical Presence Test ,
Property Tax ,
Property Valuation ,
Real Estate Market ,
Sales Tax ,
South Dakota v. Wayfair ,
Tax Appeals ,
Tax Assessment
U.S. Supreme Court Internet Sales Tax Decision and Property Values -
Your editors do not need to belabor the point that brick and mortar retail occupancies, rents and values have been pounded as a result of internet...more
10/26/2018
/ Ad Valorem Tax ,
Appraisal ,
Brick-and-Mortar Stores ,
E-Commerce ,
Fair Market Value ,
Graffiti ,
Internet Retailers ,
Land Parcels ,
Property Tax ,
Real Estate Market ,
Sales Tax ,
South Dakota v. Wayfair ,
Tax Assessment ,
Vacant Properties ,
Visual Artists Rights Act (VARA)
October 10, 2018 Approximately a quarter of Connecticut municipalities plan to conduct revaluations effective October 1, 2018....more
Showdown at the BAA corral?
Consider this scenario: a property owner shows up at his appointed time and day to challenge his assessment before a public meeting of the Nutmeg Board of Assessment Appeals. ...more
Hartford Bankruptcy Threat Postponed -
The immediate possibility of Connecticut’s capital city filing a bankruptcy petition has been mitigated as a result of the newly adopted Connecticut budget. ...more
Property Assessment Class Action Fails -
On previous occasions, the editors of Property Tax and Valuations Topics have noted that Connecticut courts tend to be rather strict in requiring property owners to pursue statutory...more
11/15/2017
/ Class Action ,
Commercial Leases ,
Dispensaries ,
Filing Deadlines ,
Marijuana Related Businesses ,
Multi-Family Development ,
Property Tax ,
Property Valuation ,
Real Estate Market ,
Religious Institutions ,
Religious Schools ,
Rental Property ,
School Districts ,
Tax Appeals ,
Tax Assessment ,
Tax Exempt Entities ,
Waterfront Properties