Budget & Taxes

This bill allows Connecticut municipalities to waive or refund interest on delinquent property taxes owed by large common interest communities that are in court-ordered receivership. To qualify for this relief, a community must have more than 500 units and be under a Superior Court order placing it in receivership, with the decision to grant the waiver or refund made by a local legislative vote. The provision applies to both unpaid interest on overdue taxes and interest that has already been paid by the community. If enacted, municipalities would lose potential revenue or incur costs depending on whether they choose to abate future interest or refund past payments.

This resolution approves an arbitration award between Connecticut's Judicial Branch and three employee unions: SEIU Local 2001, the International Brotherhood of Police Officers, and the Union of Professional Judicial Employees. The award includes a 2.5% general wage increase effective July 2025, annual increments for employees, and lump-sum payments, impacting judicial branch salaries and benefits. The agreement costs approximately $8.07 million in fiscal year 2026 and $8.60 million in 2027, with retroactive application to July 1, 2025. It directly affects over 1,000 judicial employees represented by these unions through adjusted compensation.