2024 CT General Assembly failed to pass a bill revising vehicle appraisals and preserving local grand lists, risking commercial vehicle tax increases in high-taxed cities.
2024 General Assembly session in CT failed to pass a bill preserving local grand lists of taxable property and revising vehicle appraisals. If not passed during a planned summer special session, commercial vehicle taxes in high-taxed cities like Hartford, Waterbury, and Hamden could nearly double. The bill aimed to change vehicle appraisals to a percentage of the manufacturer's suggested retail price with annual 5% reductions until $500 value.
May 26, 2024
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