Old | New | Differences | |
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1 | 1 | ||
2 | 2 | ||
3 | 3 | LCO No. 1013 1 of 1 | |
4 | 4 | ||
5 | 5 | General Assembly Proposed Bill No. 6125 | |
6 | 6 | January Session, 2019 | |
7 | 7 | LCO No. 1013 | |
8 | 8 | ||
9 | 9 | ||
10 | 10 | Referred to Committee on PLANNING AND DEVELOPMENT | |
11 | 11 | ||
12 | 12 | ||
13 | 13 | Introduced by: | |
14 | 14 | REP. O'NEILL, 69th Dist. | |
15 | 15 | ||
16 | 16 | ||
17 | 17 | ||
18 | 18 | AN ACT CONCERNING INDIVIDUALS AGE SIXTY-FIVE AND OLDER | |
19 | 19 | AND THE REAL PROPERTY TAX. | |
20 | 20 | Be it enacted by the Senate and House of Representatives in General | |
21 | 21 | Assembly convened: | |
22 | 22 | ||
23 | 23 | That section 12-129b of the general statutes be amended to permit 1 | |
24 | 24 | any individual age sixty-five or older to freeze the rate of real property 2 | |
25 | 25 | tax payments on such individual's primary residence, provided (1) a 3 | |
26 | 26 | lien shall be placed on such residence equal to the sum of all exempted 4 | |
27 | 27 | payment amounts each year, (2) such lien shall be released upon 5 | |
28 | 28 | payment of the sum of all exempted payment amounts, and (3) if such 6 | |
29 | 29 | residence is owned by more than one individual, and one or more of 7 | |
30 | 30 | such owners is under the age of sixty-five, a proportion of the real 8 | |
31 | 31 | property tax equal to the combined ownership interest of each owner 9 | |
32 | 32 | age sixty-five or over shall be frozen. 10 | |
33 | 33 | Statement of Purpose: | |
34 | 34 | To freeze the property tax for individuals age sixty-five and older. |