AN ACT CONCERNING CERTAIN ADJUSTMENTS TO THE ASSESSED VALUE OF REAL PROPERTY.
SB 241 prohibits tax assessors from changing the assessed value of property between official reassessment cycles. It directly affects property owners and local tax assessors by limiting mid-cycle adjustments. The bill allows changes only for specific reasons: court orders, new construction, property damage/demolition, or correcting factual errors. This ensures property tax assessments remain stable until the next scheduled reassessment.
Bill status
in committee
1 of 4 stages cleared
Introduction
Jan 2025
Committee Review
Floor Vote
Governor
Introduced Jan 8, 2025
Last action Jan 8, 2025
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No floor votes recorded yet.
Full legislative history
Actions timeline
Total actions
1
Key actions
0
Committee
1
Jan 8, 2025
Committee
REF. TO JOINT COMM. ON Planning and Development
upper
0 primary · 0 co-sponsors
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No sponsor information available.
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