Bill Text: CT SB00202 | 2016 | General Assembly | Comm Sub

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Bill Title: An Act Concerning Veterans' Property Taxes.

Spectrum: Committee Bill

Status: (Passed) 2016-06-07 - Signed by the Governor [SB00202 Detail]

Download: Connecticut-2016-SB00202-Comm_Sub.html

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General Assembly		Raised Bill No. 202
February Session, 2016		LCO No. 1429
		*_____SB00202VA____030416____*
Referred to Committee on VETERANS' AFFAIRS
Introduced by:
(VA)

AN ACT CONCERNING VETERANS' PROPERTY TAXES.

Be it enacted by the Senate and House of Representatives in General Assembly convened:

Section 1. Subsections (a) and (b) of section 12-81f of the general statutes are repealed and the following is substituted in lieu thereof (Effective October 1, 2016, and applicable to assessment years commencing on and after October 1, 2016):

(a) Any municipality, upon approval by its legislative body, may provide that any veteran entitled to an exemption from property tax in accordance with subdivision (19) of section 12-81 shall be entitled to an additional exemption, provided such veteran's qualifying income does not exceed (1) the applicable maximum amount as provided under section 12-81l, or (2) an amount established by the municipality, not exceeding the maximum amount under said section 12-81l by more than twenty-five thousand dollars. The exemption provided for under this subsection shall be applied to the assessed value of an eligible veteran's property and, at the option of the municipality, may be an amount up to [ten] fifteen thousand dollars or an amount up to ten per cent of such assessed value.

(b) Any municipality, upon approval by its legislative body, may provide that any veteran's surviving spouse entitled to an exemption from property tax in accordance with subdivision (22) of section 12-81 shall be entitled to an additional exemption, provided such surviving spouse's qualifying income does not exceed (1) the maximum amount applicable to an unmarried person as provided under section 12-81l, or (2) an amount established by the municipality, not exceeding the maximum amount under said section 12-81l by more than twenty-five thousand dollars. The exemption provided for under this subsection shall be applied to the assessed value of an eligible surviving spouse's property and, at the municipality's option, may be in an amount up to [ten] fifteen thousand dollars or in an amount up to ten per cent of such assessed value.

This act shall take effect as follows and shall amend the following sections:
Section 1	October 1, 2016, and applicable to assessment years commencing on and after October 1, 2016	12-81f(a) and (b)

VA

Joint Favorable