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CT HB06841

Bill

Status

Introduced

2/19/2015

Primary Sponsor

Brendan Sharkey

Click for details

Origin

House of Representatives

2015 General Assembly

AI Summary

  • Adds municipal option to increase property tax relief for elderly (age 65+) and permanently disabled homeowners by adjusting qualifying income thresholds and tax reduction amounts by up to 25% above state-adjusted levels, effective July 1, 2015.

  • Allows municipalities adopting increased relief to notify the Secretary of the Office of Policy and Management of their adjustment.

  • Maintains existing eligibility requirements based on age, disability status, and qualifying income limits (with annual inflation adjustments tied to Social Security adjustments).

  • Preserves existing tax reduction schedules and payment mechanisms while allowing municipalities flexibility to provide enhanced benefits to qualified homeowners.

Legislative Description

An Act Concerning A Municipal Option Regarding Tax Relief For Certain Elderly Or Totally Disabled Homeowners.

Last Action

Public Hearing 04/15

4/10/2015

Committee Referrals

Finance, Revenue and Bonding2/19/2015

Full Bill Text

No bill text available