OFFICE OF FISCAL ANALYSIS

Legislative Office Building, Room 5200

Hartford, CT 06106 (860) 240-0200

http://www.cga.ct.gov/ofa

sSB-472

AN ACT CONCERNING THE ASSIGNMENT OF LIENS FILED BY A MUNICIPAL TAX COLLECTOR AND A STUDY OF THE MUNICIPAL TAX LIEN FORECLOSURE PROCESS BY THE CONNECTICUT LAW REVISION COMMISSION.

OFA Fiscal Note

State Impact: None

Municipal Impact: None

Explanation

The bill requires the Connecticut Law Revision Commission to conduct a study into the adequacy of state processes governing the foreclosure of tax liens by a municipality and present its recommendations to the judiciary and planning and development committees by January 1, 2017. There is no fiscal impact as prior studies for the commission have utilized legislative staff.

The Out Years

State Impact: None

Municipal Impact: None