LCO No. 1106 1 of 1 General Assembly Proposed Bill No. 5535 January Session, 2019 LCO No. 1106 Referred to Committee on JUDICIARY Introduced by: REP. CONLEY, 40th Dist. AN ACT INCREASING THE HOMESTEAD EXEMPTION. Be it enacted by the Senate and House of Representatives in General Assembly convened: That section 52-352b of the general statutes be amended to increase 1 the homestead exemption from seventy-five thousand dollars to five 2 hundred thousand dollars. 3 Statement of Purpose: To increase the homestead exemption to a level that is equivalent to the level of the exemption provided in Massachusetts and Rhode Island.