CT SB00482

Municipalities may establish ordinances providing property tax relief to elderly and disabled homeowners in exchange for tax liens on their properties, effective October 1, 2014 for assessment years commencing on or after that date.

Tax liens granted under the elderly and disabled homeowner program are exempt from the 15-year time limit for municipal liens under Connecticut General Statutes Section 12-175.

Each municipality's ordinance must specify eligibility criteria for homeowner tax relief, including required documentation and the application process.

Municipalities may abate taxes on real or personal property owned by nonprofit organizations, with the abatement amount equal to the value of goods or services the nonprofit provided to the municipality during the preceding fiscal year in furtherance of its charitable purpose.

Municipal ordinances for nonprofit tax abatements must specify eligibility criteria, effective October 1, 2014 for assessment years commencing on or after that date.