CT SB00787

Veterans with a 100% disability rating from the U.S. Department of Veterans Affairs would receive a full property tax exemption on their primary residence and lot, effective October 1, 2021

Eligible veterans must be Connecticut citizens and residents who served in the Army, Navy, Marine Corps, Coast Guard, or Air Force

Veterans must submit proof of their disability rating to the local assessor initially; no annual re-submission required if the rating remains unchanged

Existing partial property tax exemptions for veterans with disability ratings between 10% and 99% remain in place, ranging from $2,000 to $3,500 depending on disability percentage and age

The state will reimburse municipalities for revenue losses from these exemptions by the last day of each calendar year in which exemptions were granted