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SB 1091 Connecticut Senate · 2025 Regular Session

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.

SB 1091 directs the state to study how two potential changes to property tax exemptions for veterans and certain military-related individuals would impact state and municipal finances. Specifically, it examines increasing the exemption amount and setting a property value limit for eligibility. The study, to be completed by February 1, 2026, will cost $75,000 and will inform future legislative decisions about these exemptions. This bill does not change current law but provides data for potential policy adjustments.
Bill status in committee 1 of 4 stages cleared
Introduction
Jan 2025
Committee Review
Floor Vote
Governor
Introduced Jan 22, 2025 Last action Mar 27, 2025
Maddy AI version diff · 2 comparisons

What changed between versions

Committee Bill → VA Joint Favorable Substitute · 5 edits
MODERATE
The bill was changed from a law that would immediately increase property tax exemptions for veterans to a study bill that requires officials to analyze the financial impact of such changes before any action is taken. This shift means no tax exemption increase will occur in 2025; instead, a report must be produced by February 2026 to determine if and how to proceed.
Scope change
The bill's scope changed from implementing a property tax exemption increase to requiring a financial impact study on potential future changes to the exemption.
ELIGIBILITY

Removed the provision that would increase the property tax exemption amount from $20,000 to $20,000 (the bracketed text suggests a placeholder for a higher amount that was never finalized in the committee version).

Removed the provision that would disqualify veterans with property valued at $750,000 or more from receiving the exemption.

REQUIREMENT

Added a requirement for the Secretary of the Office of Policy and Management to study the financial impact of increasing the exemption and imposing a property value limit.

Added a deadline of February 1, 2026 for submitting a report with recommendations to the General Assembly.

TIMELINE

Changed the effective date from October 1, 2025 to July 1, 2025, but now applies to the study deadline rather than the exemption implementation.

Floor votes

How they voted

No floor votes recorded yet.
Full legislative history

Actions timeline

Total actions
12
Key actions
2
Committee
4
Mar 11, 2025
Upper · Passed
Joint Favorable Substitute
upper
Feb 6, 2025
Committee
REF. TO JOINT COMM. ON Veterans' and Military Affairs
upper
Feb 5, 2025
Upper · Passed
DRAFTED BY COMMITTEE
upper
Jan 22, 2025
Committee
REF. TO JOINT COMM. ON Veterans' and Military Affairs
upper
0 primary · 0 co-sponsors

Sponsors

No sponsor information available.