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CT HB06416
Bill
Status
Introduced
1/23/2023
Primary Sponsor
Melissa Osborne
Click for details
AI Summary
- Requires municipalities not exempt from Connecticut's affordable housing appeals process (section 8-30g) to provide 100% property tax abatements to property owners age 65 and older who deed restrict owner-occupied homes
- Awards municipalities two housing unit-equivalent points for each deed restricted property that qualifies for the 100% tax abatement
- Applies only to voluntary deed restrictions on certain owner-occupied residential properties
- Aims to increase affordable housing supply by incentivizing senior citizens to deed restrict their properties through tax relief
Legislative Description
An Act Concerning Property Tax Abatements For Certain Senior-owned Deed Restricted Properties.
Last Action
Referred to Joint Committee on Housing
1/23/2023
Committee Referrals
Housing1/23/2023
Full Bill Text
No bill text available