state_legiscan_backfill · CT
An Act Concerning The Assignment Of Certain Liens.
February 19, 2025
Summary
If enacted, this bill would cap attorney's fees recoverable on municipal tax lien assignments at 15 percent of the judgment amount and restrict the collection of these fees until the commencement of a foreclosure action or debt suit. The bill also reduces the interest rate applicable to certain municipal tax liens, impacting the cost of collection and recovery for entities acquiring these liens.
AI-generated summary · May 21, 2026. Verify with your compliance counsel before acting.
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Common questions
- What does "An Act Concerning The Assignment Of Certain Liens." cover?
- If enacted, this bill would cap attorney's fees recoverable on municipal tax lien assignments at 15 percent of the judgment amount and restrict the…
- When was it published?
- It was published on February 19, 2025.
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