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House Bill No. 5506

Public Act No. 22-118 717 of 739

software made after September 30, 1988, for any assessment year commencing before October 1, 1988. (3) Nothing contained in this subsection shall create any implication related to liability for property tax with respect to computer software prior to July 1, 1989. (4) A certificate of correction in accordance with section 12-57 shall not be issued with respect to any property described in subdivision (1) of this subsection for any assessment year commencing prior to October 1, 1989. (e) For assessment years commencing on or after October 1, 1992, each municipality shall exempt aircraft, as defined in section 15-34, from the provisions of this chapter. (f) (1) [Property] For assessment years commencing prior to October 1, 2023, property subject to taxation under this chapter shall include each registered and unregistered motor vehicle and snowmobile that, in the normal course of operation, most frequently leaves from and returns to or remains in a town in this state, and any other motor vehicle or snowmobile located in a town in this state, which motor vehicle or snowmobile is not used or is not capable of being used. (2) (A) For assessment years commencing on or after October 1, 2023, each municipality shall list motor vehicles registered and classified in accordance with section 12-71d, and such motor vehicles shall be valued in the same manner as motor vehicles valued pursuant to section 12-63. (B) For assessment years commencing on or after October 1, 2023, any unregistered motor vehicle or motor vehicle that is not used or capable of being used that is located in a municipality in this state, shall be listed and valued in the manner described in subparagraph (A) of this subdivision.