Connecticut 2011 Regular Session

Connecticut Senate Bill SB00488

Introduced
1/21/11  

Caption

An Act Concerning A Municipal Option To Exempt A Portion Of Property Taxes For Members Of The State Militia.

Impact

The impact of SB00488 on state laws includes the modification of existing statutes concerning property tax exemptions. By amending section 12-81w of the general statutes, the bill would empower local authorities to provide tax relief specifically to members of the militia. This change would position the state to honor its militia members more formally, encouraging participation and ensuring that these individuals feel appreciated for their service. However, the financial burden of these exemptions could pose challenges for municipalities, particularly if many individuals take advantage of the benefits offered.

Summary

SB00488 is a legislative proposal aimed at providing municipalities in the state the option to exempt a portion of property taxes for individuals who are active members of the state militia. This bill seeks to recognize the contributions of militia members by offering them a form of tax relief, thereby incentivizing service in the state militia and supporting those who are willing to serve their communities. The bill allows local governments discretion in implementing this exemption, potentially leading to significant fiscal implications for municipal budgets.

Contention

Notable points of contention around SB00488 may arise from the implications for municipal finance and governance. Opponents of the bill might argue that while the intent to support militia members is commendable, the resulting loss in tax revenue could strain local resources and hinder governments' ability to fund essential services. There may also be discussions surrounding equity in tax exemptions, where concerns could surface regarding whether other service members, such as firefighters or police officers, should receive similar benefits, leading to debates on the fairness of municipal tax policies. Additionally, the voluntary nature of the exemption could lead to inconsistent application across different municipalities.

Companion Bills

No companion bills found.

Previously Filed As

CT HB05516

An Act Concerning A Municipal Option For A Homestead Property Tax Exemption.

CT HB05492

An Act Establishing A Farm Investment Tax Credit And Concerning The Threshold For Certain Optional Farm-related Property Tax Exemptions.

CT SB00011

An Act Concerning Connecticut Resiliency Planning And Providing Municipal Options For Climate Resilience.

CT SB00447

An Act Concerning The Failure To File For Certain Grand List Exemptions And Authorizing The Deferral Of A Certain Municipality's Real Property Revaluation.

CT HB05477

An Act Concerning Penalties For Blight Upon Real Property, Municipal Agreements To Fix Assessments And A Personal Property Tax Exemption.

CT HB05186

An Act Dedicating A Portion Of The Room Occupancy Tax On Short-term Rentals To Municipalities.

CT SB00451

An Act Concerning A Working Group To Examine The Property Tax Exemption For Solar Photovoltaic Systems.

CT HB05172

An Act Concerning The Assessment Of Motor Vehicles For Property Taxation.

CT SB00225

An Act Concerning Personal Property Tax Exemptions For Motor Vehicles Used Exclusively For Farming.

CT SB00345

An Act Concerning The Period Of The Korean Conflict And The Wartime Service Property Tax Exemption.

Similar Bills

No similar bills found.