Connecticut Senate Bill SB00301

Connecticut 2025 Regular Session

• Introduced: 1/8/25
• Refer: 1/8/25

Caption

An Act Concerning The Property Tax Exemption For Veterans With A Permanent And Total Disability Rating.

Impact

If enacted, SB00301 would significantly impact state laws concerning property tax exemptions for veterans. By expanding the definition of qualifying dwellings, it would ensure that veterans living in mobile homes are not excluded from tax relief solely based on the type of dwelling they inhabit. This change is anticipated to help alleviate some financial burdens faced by disabled veterans, enabling them to retain more of their income in a context where many face economic hardships due to their disabilities.

Summary

SB00301, titled 'An Act Concerning the Property Tax Exemption for Veterans with a Permanent and Total Disability Rating', seeks to amend existing property tax regulations. The bill proposes including the lot on which a qualifying dwelling is situated as part of the property eligible for tax exemption. Furthermore, it seeks to specify that mobile manufactured homes are also considered qualifying dwellings for the purpose of this exemption. This move is aimed at providing broader property tax relief to veterans who have been assessed as having a permanent and total disability.

Contention

While the bill appears to garner support from veteran advocacy groups and those who recognize the challenges faced by disabled veterans, some concerns may arise from its implications on local taxation revenues. The increased number of properties qualifying for tax exemptions could lead to budgetary constraints for local governments, which rely on property taxes for funding essential services. Legislators will likely need to consider how these changes will affect municipal finances and whether additional state support may be necessary to offset potential losses.