OFFICE OF FISCAL ANALYSIS
Legislative Office Building, Room 5200
Hartford, CT 06106 (860) 240-0200
http://www.cga.ct.gov/ofa
HB-6458
AN ACT LOWERING THE AGE OF ELIGIBILITY FOR PROPERTY
TAX RELIEF FOR SENIOR CITIZENS.
Primary Analyst: DD 4/8/21
Contributing Analyst(s): AN
OFA Fiscal Note
State Impact: None
Municipal Impact: See Below
Explanation
The bill expands eligibility for a local option tax freeze for certain
low-income elderly homeowners.
This shifts any increase in property taxes away from program
beneficiaries and towards other property taxpayers. The freeze
precludes recipients from paying any increase in property taxes
beyond the amount paid during their first year of eligibility. It is
estimated that, between FY 16 and FY 20, the average tax bill increased
by approximately $225 annually.
The Out Years
State Impact: None
Municipal Impact: See Above