AN ACT CONCERNING REVISIONS TO STATUTES RELATING TO MUNICIPAL PROPERTY TAX ASSESSMENT.

SB 362 requires Connecticut towns to submit digital property files to regional councils or the Office of Policy and Management by September 1, 2027, and annually thereafter. These files must include property identifiers, sizes, addresses, land/building values, and construction years. Regional councils must then report towns failing to submit files to state officials. The bill also updates requirements for municipalities to submit assessed valuations for state grants by April 1 each year, with a $250 penalty for non-compliance and appeal processes for disputed valuations.