AN ACT CONCERNING THE ABATEMENT OR REFUND OF INTEREST ON DELINQUENT MUNICIPAL PROPERTY TAXES OR SEWERAGE SYSTEM USE CHARGES OWED BY CERTAIN COMMON INTEREST COMMUNITIES.

Summary

The bill eliminates interest on overdue real‑property taxes owed to the city of Bridgeport and the town of Stratford by any housing cooperative that spans both municipalities and has more than 900 units. It applies only to taxes that were delinquent as of the bill’s effective date and does not require future interest waivers. The measure aims to provide financial relief to a specific large cooperative, cited as Success Village.

AI-generated summary — may be incomplete or inaccurate. Verify against the official bill text.

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