CT SB00116

Increases property tax exemption for disabled veterans from $3,000 to $6,000, effective October 1, 2015 for assessment years commencing on or after that date.

Adjusts tiered exemption amounts based on disability rating: $3,000 for 10-25% disability; $4,000 for 25-50% disability; $5,000 for 50-75% disability; and $6,000 for 75%+ disability or those age 65 and older.

Updates references from "Veterans' Administration" to "United States Department of Veterans Affairs" throughout the statute.

Increases homestead exemption for severely disabled veterans (paraplegia, hemiplegia, total blindness, multiple amputations) from $10,000 to $20,000 of assessed valuation; increases exemption for loss of one arm or leg from $5,000 to $10,000.

Extends exemption eligibility to surviving spouses and minor children of deceased veterans, and includes members of the armed forces in addition to veterans in relevant provisions.