OFFICE OF FISCAL ANALYSIS
Legislative Office Building, Room 5200
Hartford, CT 06106 (860) 240-0200
http://www.cga.ct.gov/ofa
HB-7067
AN ACT CONCERNING AN EMERGENCY CERTIFICATE OF NEED
APPLICATION PROCESS FOR TRANSFERS OF OWNERSHIP OF
HOSPITALS THAT HAVE FILED FOR BANKRUPTCY
PROTECTION, THE ASSESSMENT OF MOTOR VEHICLES FOR
PROPERTY TAXATION, A PROPERTY TAX EXEMPTION FOR
VETERANS WHO ARE PERMANENTLY AND TOTALLY DISABLED
AND FUNDING OF THE SPECIAL EDUCATION EXCESS COST
GRANT.
AMENDMENT
LCO No.: 5420
Primary Analyst: JP 2/25/25
Contributing Analyst(s): LG ()
Reviewer: RW
OFA Fiscal Note
State Impact: None
Municipal Impact:
Municipalities Effect FY 26 $ FY 27 $
Various Municipalities Net Grand
List Increase
See Below See Below
Various Municipalities Grand List
Reduction
See Below See Below
Various Municipalities Potentially
Significant
Grand List
Reduction
See Below See Below
Explanation
The amendment strikes sections 4-6 of the underlying bill and their
associated fiscal impacts.
Section 501 of the amendment results in a net grand list increase for
municipalities in FY 26 and FY 27 to the extent that veterans with a
permanently and totally disabled determination and a disability rating
of less than 100% no longer qualify for the total property tax exemption 2025HB-07067-R00LCO05420-FNA.DOCX Page 2 of 3
described in Subdivision (83) of Section 12-81 of the CT General Statutes.
Additionally, the section results in a grand list reduction for
municipalities by expanding the property tax exemption described in
Subdivision (83) of Section 12-81 of the CT General Statutes to include
mobile manufactured homes and up to two acres of property owned by
qualifying veterans or their spouses. The extent of the grand list
reduction depends on the number of qualifying veterans that own
mobile manufactured homes, the amount of property that qualifying
veterans own, the number of qualifying veterans, and the municipality
in which their property is located.
Section 503 requires municipalities that adjust and republish their
2024 Grand List due to changes related to Sections 501 and 502 to (1)
hear appeals related to the assessment of property for an additional time
period and (2) send any changes to the Office of Policy and
Management. This may result in a potential cost to municipalities in FY
25 associated with an increased number of appeal hearings.
The section also permits municipalities to make changes to their FY
26 budget and taxes that have been levied for FY 26. Any impact will be
dependent on changes made to the FY 26 budget and taxes that have
already been levied.
Section 504 results in a potentially significant grand list reduction by
giving municipalities the option to extend the property tax exemption
described in Section 501 to spouses of members of the Armed Forces
with a disability rating who died before October 1, 2024. The impact of
this reduction will depend on the number of municipalities that approve
the option and the number of qualifying spouses who own property in
Connecticut, which is currently unknown.
The exemption in this section differs from Section 501 in the sense
that there is no reference to a 100% disability rating or a permanent and
total designation. This municipal option would apply to the spouse of
a deceased veteran that had been assigned a disability rating of any
kind. 2025HB-07067-R00LCO05420-FNA.DOCX Page 3 of 3
Section 510 results in a grand list reduction for municipalities by
extending the property tax exemption described in Section 501 to the
spouses of members of the Armed Forces who die due to their service
while on active duty, effective October 1, 2025. The extent of the grand
list reduction will correspond with the number of qualifying spouses
who own property in Connecticut.
Section 502 and Sections 505-509 make corresponding technical
changes that do not result in a fiscal impact.
The Out Years
State Impact: None
Municipal Impact:
The annualized ongoing fiscal impact identified above would
continue into the future subject to inflation, the number of qualifying
veterans, and the number of qualifying spouses.
The preceding Fiscal Impact statement is prepared for the benefit of the members of the General Assembly, solely
for the purposes of information, summarization and explanation and does not represent the intent of the General
Assembly or either chamber thereof for any purpose. In general, fiscal impacts are based upon a variety of
informational sources, including the analyst’s professional knowledge. Whenever applicable, agency data is
consulted as part of the analysis, however final products do not necessarily reflect an assessment from any
specific department.