General Assembly Proposed Bill No. 5478 January Session, 2015 LCO No. 655 *00655* Referred to Committee on FINANCE, REVENUE AND BONDING Introduced by: REP. MACLACHLAN, 35th Dist. General Assembly Proposed Bill No. 5478 January Session, 2015 LCO No. 655 *00655* Referred to Committee on FINANCE, REVENUE AND BONDING Introduced by: REP. MACLACHLAN, 35th Dist. AN ACT LIMITING THE AMOUNT OF PROPERTY TAX INCREASES ON PRIMARY RESIDENCES OWNED BY PERSONS WHO ARE SIXTY-FIVE YEARS OF AGE OR OVER. Be it enacted by the Senate and House of Representatives in General Assembly convened: That the general statutes be amended to provide that a municipality may not increase the amount of property tax due by more than three per cent in any year on the primary residence of a homeowner who is sixty-five years of age or over. Statement of Purpose: To provide that a municipality may not increase the amount of property tax due by more than three per cent in any year on the primary residence of a homeowner who is sixty-five years of age or over.