CT SB00817

Establishes a discretionary preservation easement program allowing municipalities to reduce property taxes on historic agricultural structures (barns, stone walls, and related land) that are at least 75 years old or listed on national or state historic registers.

Property tax payment amounts set by municipalities must be between 25% and 75% of standard property tax, fixed for the 10-year easement term, and based on the assessed value at the time of approval.

Municipalities may accept easements only for structures that provide scenic public enjoyment, are historically important locally or regionally, or contribute to historic properties, with authority to establish additional eligibility criteria by ordinance.

Owners must apply by July 1st, and municipalities must hold a public hearing within 30 days and decide within 60 days; denials require written explanation with no right of appeal.

Easements may be released for extreme hardship or unforeseen damage without penalty, but early voluntary release incurs a 10% penalty on the full tax amount; non-compliance with maintenance terms can result in termination and penalty.