CT HB05491

Establishes a new property tax exemption for Connecticut residents who served in U.S. military branches and have a service-connected permanent and total disability rating from the Department of Veterans Affairs, effective October 1, 2024.

Exempts either a primary dwelling (including condominiums and common interest community units) or one motor vehicle garaged in the state; exemption transfers to spouse if property is in spouse's name or held in trust.

Exemption survives veteran's death and extends to surviving spouse (while widowed) and minor children if they remain state residents.

Requires veterans to comply with application procedures under section 12-95 and submit proof of disability rating to the town assessor; proof need not be resubmitted if rating remains unchanged.

Veterans whose disability rating is modified to other than service-connected permanent and total may seek an alternative exemption under subdivision (20) for partial disability ratings of 10% or more; retroactive abatements or refunds allowed up to three years.