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CT SB00738

Bill

Official Source

Status

Introduced

1/17/2025

Primary Sponsor

Martin Looney

Click for details

Origin

Senate

2025 General Assembly

AI Summary

  • Creates a $50,000 property tax exemption on the assessed value of owner-occupied single-family dwellings
  • Applies only to homestead properties where the owner resides in the home
  • Requires amendment to Connecticut general statutes to implement the exemption
  • Introduced by Senator Looney (11th District) and referred to the Finance, Revenue and Bonding Committee

Legislative Description

An Act Establishing A Homestead Property Tax Exemption.

Last Action

Public Hearing 02/26

2/20/2025

Committee Referrals

Finance, Revenue and Bonding1/17/2025

Full Bill Text

No bill text available