General Assembly Proposed Bill No. 5127 January Session, 2015 LCO No. 452 *00452* Referred to Committee on VETERANS' AFFAIRS Introduced by: REP. FRITZ, 90th Dist. General Assembly Proposed Bill No. 5127 January Session, 2015 LCO No. 452 *00452* Referred to Committee on VETERANS' AFFAIRS Introduced by: REP. FRITZ, 90th Dist. AN ACT INCREASING THE PROPERTY TAX EXEMPTION FOR CERTAIN VETERANS. Be it enacted by the Senate and House of Representatives in General Assembly convened: That subdivision (19) of section 12-81 be amended to increase the value of property subject to exemption from one thousand to one thousand two hundred fifty dollars. Statement of Purpose: To increase the property tax exemption for veterans.