OFFICE OF FISCAL ANALYSIS
Legislative Office Building, Room 5200
Hartford, CT 06106 (860) 240-0200
http://www.cga.ct.gov/ofa
sHB-5168
AN ACT CONCERNING PROPERTY TAX EXEMPTIONS FOR
PROPERTY USED FOR CHARITABLE PURPOSES.
As Amended by House "A" (LCO 4557)
House Calendar No.: 150
Primary Analyst: DD 4/13/22
Contributing Analyst(s):
OFA Fiscal Note
State Impact: None
Municipal Impact:
Municipalities Effect FY 23 $ FY 24 $
Various Municipalities Grand List
Reduction
None Potential
Explanation
The bill expands the types of group homes owned by charitable
organizations that are exempt from property taxes. This results in a
grand list reduction in municipalities where these properties are
located. A grand list reduction results in a revenue loss, given a constant
mill rate. In FY 20, the cumulative statewide revenue loss was estimated
to be $1.9 million.
1
House "A" strikes the underlying bill and results in the above
identified fiscal impact.
The Out Years
The ongoing above identified fiscal impact would continue into the
future subject to changes in municipal mill rates and grand lists.
1
Estimate derived from a 2019 survey of 775 group home properties around the state.