Connecticut SB 214: AN ACT CONCERNING THE BASIC PROPERTY TAX EXEMPTION FOR VETERANS AND CERTAIN OTHER MILITARY-RELATED INDIVIDUALS.

Bill Text

LCO No. 787 1 of 1

General Assembly Proposed Bill No. 214
February Session, 2026 LCO No. 787

Referred to Committee on VETERANS' AND MILITARY
AFFAIRS

Introduced by:
SEN. OSTEN, 19th Dist.

AN ACT CONCERNING THE BASIC PROPERTY TAX EXEMPTION
FOR VETERANS AND CERTAIN OTHER MILITARY-RELATED
INDIVIDUALS.
Be it enacted by the Senate and House of Representatives in General
Assembly convened:

That subdivision (19) of section 12-81 of the general statutes be 1
amended to provide, for any property belonging to or held in trust for 2
any veteran or certain other military-related individual that is valued at 3
less than seven hundred fifty thousand dollars, a property tax 4
exemption in the amount of twenty thousand dollars off the assessed 5
value of such property. 6
Statement of Purpose:
To (1) provide an increase in the exemption amount for property
belonging to veterans and certain other military-related individuals,
and (2) impose a cap on the value of any such property that would be
eligible for such exemption.