OFFICE OF FISCAL ANALYSIS
Legislative Office Building, Room 5200
Hartford, CT 06106 (860) 240-0200
http://www.cga.ct.gov/ofa
sSB-1091
AN ACT CONCERNING A STUDY OF PROJECTED FINANCIAL
IMPACTS OF CERTAIN MODIFICATIONS TO THE BASIC
PROPERTY TAX EXEMPTION FOR VETERANS AND CERTAIN
OTHER MILITARY-RELATED INDIVIDUALS.
Primary Analyst: JP 3/25/25
Contributing Analyst(s):
Reviewer: RW
OFA Fiscal Note
State Impact:
Agency Affected Fund-Effect FY 26 $ FY 27 $
Policy & Mgmt., Off. GF - Cost 75,000 None
Note: GF=General Fund
Municipal Impact: None
Explanation
The bill results in a one-time cost of $75,000 in FY 26 to the Office of
Policy and Management (OPM) to hire a consultant to conduct a study
of various changes to municipal tax exemptions for veterans.
The Out Years
State Impact: None
Municipal Impact: None