CT SB00321

Increases property tax exemption for disabled veterans with a 10% or more disability rating from the Veterans' Administration from $1,000 to $3,000 of assessed value, effective October 1, 2016

Allows municipalities to approve additional property tax exemptions beyond the $3,000 base amount for disabled veterans at each municipality's discretion

Exempts disabled veterans with 10% or more disability ratings from the property tax benefit caps that limit other homeowners' benefits to $2,000 or freeze benefits at 1985 levels

Applies to assessment years commencing on and after October 1, 2016

Amends Connecticut General Statutes sections 12-129b(b) and 12-129p(a)