CT HB06420

Increases the maximum property tax abatement for eligible municipal volunteers from $1,500 to $2,000 per fiscal year, effective July 1, 2021

Doubles the property tax exemption cap from $1 million to $2 million divided by the local mill rate for calculating assessed value exemptions

Eligible volunteers include firefighters, fire police officers, EMTs, paramedics, ambulance drivers, civil preparedness staff, canine search and rescue team members, and underwater search and rescue team members

Retired volunteer firefighters, fire police officers, and EMTs qualify if they completed at least 25 years of service in the municipality

Municipalities may authorize interlocal agreements to provide tax relief for volunteers who live in one municipality but serve in another