Connecticut 2021 Regular Session

Connecticut Senate Bill SB00131

Introduced
1/12/21  
Introduced
1/12/21  
Refer
1/12/21  

Caption

An Act Concerning The Property Tax Exemption For Gold Star Parents And Surviving Spouses.

Impact

If enacted, this bill would allow for greater flexibility at the municipal level regarding property tax exemptions for eligible families. By permitting local governments to consider the income of Gold Star parents and surviving spouses in this context, the bill could make property ownership more attainable for these individuals, thus acknowledging their service and loss. This change could lead to a more supportive environment for veterans' families, potentially increasing their home ownership rates.

Summary

SB00131 seeks to amend the existing property tax exemption laws for Gold Star parents and surviving spouses by allowing municipalities the option to exempt the income of these individuals when determining their eligibility for property tax exemptions. This proposed legislation aims to provide additional financial relief and support to families who have lost a loved one in military service, recognizing their sacrifice and the unique challenges they face.

Contention

While the bill seeks to alleviate the tax burden on Gold Star parents and surviving spouses, it could lead to contentious discussions about funding and the potential implications for municipal budgets. Some may argue that granting such exemptions could lead to a decrease in tax revenue for local governments, which might affect public services and infrastructure. The balance between providing necessary support for grieving families and ensuring municipal fiscal responsibility will likely be a point of debate as this bill moves forward.

Companion Bills

No companion bills found.

Previously Filed As

CT HB05492

An Act Establishing A Farm Investment Tax Credit And Concerning The Threshold For Certain Optional Farm-related Property Tax Exemptions.

CT HB05516

An Act Concerning A Municipal Option For A Homestead Property Tax Exemption.

CT SB00345

An Act Concerning The Period Of The Korean Conflict And The Wartime Service Property Tax Exemption.

CT HB05491

An Act Establishing A Property Tax Exemption For Veterans Who Have A Service-connected Permanent And Total Disability Rating.

CT HB05477

An Act Concerning Penalties For Blight Upon Real Property, Municipal Agreements To Fix Assessments And A Personal Property Tax Exemption.

CT SB00225

An Act Concerning Personal Property Tax Exemptions For Motor Vehicles Used Exclusively For Farming.

CT SB00451

An Act Concerning A Working Group To Examine The Property Tax Exemption For Solar Photovoltaic Systems.

CT SB00452

An Act Concerning The Property Tax Appeals Process And The Penalty Related To The Submission Of Income And Expenses Information For Rental Properties.

CT SB00450

An Act Phasing In The Exemption Of Motor Vehicles From Property Tax And Increases In The Uniform Property Assessment Rate.

CT HB05172

An Act Concerning The Assessment Of Motor Vehicles For Property Taxation.

Similar Bills

No similar bills found.