Bill > HB05769

This bill proposes a change to existing state statutes that would grant municipalities the authority to increase the dollar amounts of property tax exemptions specifically for veterans. Property tax exemptions are reductions in the amount of property taxes owed by certain groups, in this case veterans, which can help reduce their financial burden. Currently, there are likely existing property tax exemption levels for veterans, and this bill would provide local municipalities with more flexibility to adjust those exemption amounts at their discretion. By allowing local governments to potentially increase these exemption amounts, the bill aims to provide additional financial support to veterans who own property within their jurisdictions, though the specific increases would be determined by individual municipal governments.

Military Affairs and Security

https://www.cga.ct.gov/asp/cgabillstatus/cgabillstatus.asp?selBillType=Bill&bill_num=HB05769&which_year=2025