May 13, 2015
State Representative Larry B. Butler (D-Waterbury) ushered through the House of Representatives a bill (HB 6551) that would increase the penalty for new owners of foreclosed properties who fail to report the transaction to the municipality.
"This bill gives municipalities the data they need to have accurate records and the ability to make sure the property does not become blighted without recourse," said Rep. Butler.
The bill addresses the instance where a purchaser of a foreclosed property fails to register it with the municipality, thus leaving said municipality without a way to contact the new owner and place him on record for responsibility. The fine associated with a violation increases from $100 to $1000. When an institution takes title to the foreclosed property, the fine increases from $250 to $1250.
The Connecticut Conference of Municipalities supports the bill. The bill moves on to the State Senate for consideration.