CT HB05143

Lowers the minimum age for property tax relief eligibility from 70 to 65 years old, effective October 1, 2018 for assessment years commencing on or after that date.

Applies the age reduction to both primary applicants and spouses, who must be 65 years or older (down from 70) to qualify for the tax relief program.

Maintains the existing 62-year-old age threshold for surviving spouses of deceased taxpayers who previously qualified for the tax relief.

Preserves all other eligibility requirements including home occupancy, state residency of at least one year, income limits per section 12-170aa, and optional municipal asset limits.

Requires municipalities to approve the tax relief program and allows qualifying taxpayers to continue receiving relief in subsequent years as long as they remain eligible.