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CT HB06841
Bill
Status
2/19/2015
Primary Sponsor
Brendan Sharkey
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AI Summary
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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.
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Allows municipalities adopting increased relief to notify the Secretary of the Office of Policy and Management of their adjustment.
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Maintains existing eligibility requirements based on age, disability status, and qualifying income limits (with annual inflation adjustments tied to Social Security adjustments).
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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