Public Act 22-74 Summary

• Increases property tax exemptions for 100% disabled veterans from standard amount to three times the standard amount, with income limits of $24,000 for married and $21,000 for unmarried individuals, effective October 1, 2022.

• Modifies property revaluation schedules for Connecticut municipalities beginning October 1, 2023, establishing five revaluation zones with staggered revaluation dates set by the Secretary of the Office of Policy and Management.

• Updates renter assistance grant programs by changing administration from Commissioner of Housing to Secretary of the Office of Policy and Management and adjusting application deadlines and verification requirements.

• Extends the Commission on Connecticut's Development and Future through January 1, 2024, with expanded membership and authority to evaluate land use, conservation, housing affordability, and infrastructure policies.

• Makes technical amendments to tax assessment processes, refund procedures, billing timelines, and payment in lieu of taxes calculations for municipalities and fire districts.