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Connecticut SB 1339

Connecticut General Assembly

Connecticut SB 1339

Proposes changes to interest rates and places a cap on attorney fees

Raised S.B. No. 1339 - Session Year 2025

AN ACT CONCERNING THE ASSIGNMENT OF CERTAIN LIENS.

To (1) reduce the interest rate for certain municipal tax liens, and (2) provide that certain attorney's fees (A) may not be received, claimed or collected until commencement of a foreclosure action or a suit on the debt, and (B) shall not be more than fifteen per cent of the amount of any judgment.

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Additional Info

Related Links : https://www.cga.ct.gov/asp/CGABillStatus/cgabillstatus.asp?selBillType=Bill&bill_num=SB1339

Source : Connecticut General Assembly

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