AN ACT AUTHORIZING THE DEFERRAL OF A PROPERTY REVALUATION.

SB 359 allows the city of Hartford to delay its required property revaluation for the 2026 assessment year until 2027, with approval from the city council. This deferral applies specifically to Hartford's revaluation schedule under state law, meaning property tax assessments would be based on 2025 values for one additional year. The bill requires Hartford to complete the revaluation by the next required cycle (starting in 2027), following the original schedule. It does not change tax rates or exempt properties, only postpones the reassessment timeline. The bill directly affects Hartford property owners whose tax bills would reflect the delayed revaluation.