Loading chat...

CT HB05790

Bill

Official Source

Status

Introduced

1/18/2023

Primary Sponsor

Tom Delnicki

Click for details

Origin

House of Representatives

2023 General Assembly

AI Summary

  • Amends Title 7 of the Connecticut General Statutes to authorize municipalities to offer property tax abatements to first-time homebuyers
  • Abatement amount capped at $500 per assessment year for a maximum of five years
  • Limited to first-time homebuyers who obtain a home loan from the Connecticut Housing Finance Authority to purchase their primary residence
  • Makes the tax abatement optional for municipalities (enables them to offer, but does not require adoption)

Legislative Description

An Act Concerning Real Property Tax Abatements For Certain First-time Homebuyers.

Last Action

Referred to Joint Committee on Housing

1/18/2023

Committee Referrals

Housing1/18/2023

Full Bill Text

No bill text available