The General Assembly Raised Bill No. 6961 aims to amend the process by which municipal assessors issue certificates of correction for tangible personal property that has been assessed in error. The bill proposes to repeal the existing requirement that assessors must issue these certificates within three years following the tax due date. Instead, it allows assessors to issue certificates of correction at any time after the erroneous assessment has been identified. This change is intended to provide greater flexibility for assessors in correcting assessment errors.

Additionally, the bill includes provisions for the proper reassessment of tangible personal property that may have been incorrectly attributed to one person but should have been assessed to another. If the property was subject to taxation in another municipality, the assessors are required to notify the appropriate municipality to ensure proper assessment and taxation. The act will take effect on July 1, 2025, and will amend section 12-57(a) of the general statutes.