SB 1012 — AN ACT CONCERNING CERTAIN MUNICIPAL PROPERTY TAX APPEALS AND CONTINGENCY AGREEMENTS FOR EXPERT TESTIMONY IN SUCH APPEALS.

General Assembly SubstituteRaised Bill No.

1012 January Session, 2019 ANLCO ACTNo. CONCERNING CERTAIN MUNICIPAL PROPERTY TAX APPEALS AND CONTINGENCY AGREEMENTS FOR EXPERT TESTIMONY IN SUCH APPEALS.

5540 Referred to Committee on PLANNING AND DEVELOPMENT Introduced by:

(PD) AN ACT CONCERNING CERTAIN MUNICIPAL PROPERTY TAX APPEALS AND CONTINGENCY AGREEMENTS FOR EXPERT TESTIMONY IN SUCH APPEALS.

(a) Any person, including any lessee of real property whose lease has been recorded as provided in section 47-19 and who is bound under the terms of his lease to pay real property taxes, claiming to be aggrieved by the action of the board of tax review or the board of assessment appeals, as the case may be, in any town or city may, within two months from the date of the mailing of notice of such action, make application, in the nature of an appeal therefrom, with respect to the assessment list for the assessment year commencing October 1, 1989, October 1, 1990, October 1, 1991, October 1, 1992, October 1, 1993, October 1, 1994, or October 1, 1995, and with respect to the assessment list for assessment years thereafter, to the superior court for the judicial district in which such town or city is situated, whichLCO shallNo. be accompanied by a citation to such town or city to appear before said court.

Such5540 citation1 shallof be4 signedRaised byBill theNo.1012 samewhich authority and such appeal shall be returnableaccompanied atby thea samecitation timeto andsuch servedtown andor returnedcity into theappear samebefore mannersaid ascourt. is required in case of a LCO \\PRDFS1\SCOUSERS\FORZANOF\WS\2019SB-01012-R01 of 4 SB.docx Substitute Bill No.

1012Such citation shall be signed by the same authority and such appeal shall be returnable at the same time and served and returned in the same manner as is required in case of a summons in a civil action.

Upon motion, said court shall, in event of such overpayment, enter judgment in favor of such applicant and against such city or town for the whole amount of such overpayment, less any lien recordingLCO feesNo. incurred under sections 7-34a and 12-176, together with interest and any costs awarded by the court.

The5540 amount2 toof which4 theRaised assessmentBill isNo.1012 sorecording reducedfees shallincurred beunder thesections assessed7-34a valueand of12-176, suchtogether propertywith oninterest theand grandany listscosts forawarded succeedingby years until the taxcourt. assessor finds that LCO {\\PRDFS1\SCOUSERS\FORZANOF\WS\2019SB-01012 of 4 R01-SB.docx } Substitute Bill No.

1012The amount to which the assessment is so reduced shall be the assessed value of such property on the grand lists for succeeding years until the tax assessor finds that the value of the applicant's property has increased or decreased.

(b) NoIn personan whoappeal isbrought compensatedpursuant onto this section, no witness, except a contingencycertified basispublic foraccountant, shall offer expert testimony concerning the value of anthe applicant's property shallif testifysuch inwitness anyis appealcompensated broughton pursuanta tocontingency thisbasis section.for such testimony.

(b)LCO NoNo. person who is compensated on a contingency basis for expert testimony concerning the value of an applicant's property shall testify in any application for relief brought pursuant to this section.

LCO5540 {\\PRDFS1\SCOUSERS\FORZANOF\WS\2019SB-0101233 of 4 R01-SB.docxRaised } Substitute Bill No.

1012 This(b) actIn shallan takeapplication effectfor asrelief followsmade andpursuant to this section, no witness, except a certified public accountant, shall amendoffer expert testimony concerning the followingvalue sections:of the applicant's property if such witness is compensated on a contingency basis for such testimony.

This act shall take effect as follows and shall amend the following sections:

2 July 1, 2019 12-119 Statement of LegislativePurpose: Commissioners:

SectionsTo 1(b)prohibit andan 2(b)expert werewitness rewrittenother than a certified public accountant from offering testimony concerning the value of real property in a property tax assessment appeal if such witness is compensated on a contingency basis for clarity.such testimony.

PD[Proposed Jointdeletions Favorableare Subst.enclosed in brackets.

LCOProposed R01-SB.docxadditions }COUSERS\FORZANOF\WS\2019SB-01012-are 4indicated by underline, except that when the entire text of 4a bill or resolution or a section of a bill or resolution is new, it is not underlined.] LCO No.

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