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CT HB05007

Bill

Official Source

Status

Introduced

2/4/2026

Primary Sponsor

Vincent Candelora

Click for details

Origin

House of Representatives

2026 General Assembly

AI Summary

  • Requires the state to fully reimburse municipalities for revenue losses caused by the veterans property tax exemption under subdivision (83) of section 12-81 of the general statutes

  • Shifts the financial burden of veterans property tax credits from local governments to the state

  • Amends existing general statutes to mandate full state reimbursement rather than partial or no reimbursement

  • Referred to the Committee on Finance, Revenue and Bonding for the February 2026 session

Legislative Description

An Act Fully Reimbursing Municipalities For Revenue Loss Associated With A Veterans Property Tax Credit.

Last Action

Referred to Joint Committee on Finance, Revenue and Bonding

2/4/2026

Committee Referrals

Finance, Revenue and Bonding2/4/2026

Full Bill Text

No bill text available