Budget & Taxes (Property Tax)

passed · Connecticut · Senate Apr 23, 2026

SB 447: AN ACT ESTABLISHING A HOMESTEAD PROPERTY TAX EXEMPTION.

This bill establishes a new property tax exemption that reduces the assessed value of primary residences by $50,000 for qualifying homeowners. It directly affects owners of single-family homes, condominiums, and common interest community units who live in the property as their main home. To claim the exemption, homeowners must file an application with their local assessor by November 1 each year, declaring that the dwelling is their primary residence, they own no other primary residence, and they have not claimed this exemption for another property in the same year. The Office of Policy and Management will create and publish the required application form online and may request additional documentation to verify eligibility. This change replaces an existing optional exemption that allowed some municipalities to offer a percentage-based tax reduction on primary residences.

Topics ✓ Budget & TaxesSupports Budget & TaxesBill provides property tax relief by reducing assessed value of primary residences, directly supporting tax relief for homeowners.90% confidence ✓ HousingSupports HousingBill provides property tax exemption for primary residences, reducing housing costs for homeowners and supporting affordable housing access.85% confidence

Sub-Topics Property Tax Tax Incentives Property Taxes

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passed · Connecticut · House May 2, 2026

HB 5498: AN ACT CONCERNING REVISIONS TO STATUTES RELATING TO MUNICIPAL TAX COLLECTION.

This bill updates Connecticut state laws governing how municipalities collect and manage property taxes. It requires towns and cities to send tax bills that clearly explain how much state funding they receive and warn that state grants will be reduced if local spending increases by more than 2.5 percent or the inflation rate, whichever is higher. The law also establishes a new committee to train and certify tax collection staff, ensuring consistent standards across the state. Additionally, it clarifies rules for reducing taxes for low-income residents and bankrupt railroads, requiring official approval and annual reporting of such abatements. These changes take effect on October 1, 2026, and apply to all towns, cities, and boroughs in Connecticut.

Topics ✓ Budget & TaxesSupports Budget & TaxesBill promotes fiscal responsibility by requiring clear tax explanations and linking state grants to local spending limits, enhancing municipal budget management and accountability.85% confidence

Sub-Topics Property Tax

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signed · Connecticut · House Jun 4, 2026

HB 5442: AN ACT CONCERNING THE PROPERTY TAX EXEMPTION FOR AND TAX AGREEMENTS RELATED TO CERTAIN CLASS I RENEWABLE ENERGY SOURCES.

This bill updates Connecticut's property tax exemption rules for renewable energy systems, expanding eligibility for homeowners, farms, and businesses while clarifying how exemptions are calculated. It allows property tax exemptions for residential solar, wind, and geothermal systems installed on or after October 1, 2007, and extends similar benefits to commercial and industrial renewable energy projects installed between 2010 and 2013 in specific municipalities. The legislation also establishes new exemption categories for commercial solar and wind projects installed after 2014, with additional restrictions taking effect in 2025 and 2026 that limit exemptions to the equipment itself rather than the entire property value. These changes apply to Class I renewable energy sources including solar, wind, geothermal, and hydropower facilities that generate electricity for on-site use.

Topics ✓ Budget & TaxesSupports Budget & TaxesBill expands property tax exemptions for renewable energy systems, providing tax relief to homeowners, farms, and businesses while promoting sustainable energy adoption.85% confidence ✓ EnergySupports EnergyBill expands property tax exemptions for renewable energy systems, promoting solar, wind, and geothermal adoption and strengthening clean energy infrastructure.95% confidence ✓ EnvironmentSupports EnvironmentBill expands property tax exemptions for renewable energy systems including solar, wind, and geothermal, promoting clean energy adoption and environmental protection.95% confidence

Sub-Topics Property Tax Tax Incentives Hydroelectric Renewable Energy Solar

signed · Connecticut · Senate May 27, 2026

SB 477: AN ACT CONCERNING THE FAILURE TO FILE FOR CERTAIN GRAND LIST EXEMPTIONS, A MUNICIPAL OPTION TO ABATE DELINQUENT PROPERTY TAXES ON CERTAIN PARCELS OF LAND, ALLOCATIONS OF CERTAIN STATE FUNDS AND ITEMS IMPLEMENTING THE STATE BUDGET FOR THE BIENNIUM ENDING JUNE 30, 2027.

This bill allows property owners in the towns of Berlin, Lebanon, and West Hartford to request property tax exemptions for 2025 and 2021 even if they missed the original filing deadline. To qualify, eligible individuals must submit their exemption applications within 30 days of the bill's effective date on July 1, 2026, and pay the required late filing fee. Once the assessor verifies eligibility and receives payment, the exemption will be approved and any previously paid taxes, interest, or penalties will be reimbursed to the property owner. The legislation applies only to these three specific towns and does not change the general rules for property tax exemptions elsewhere in Connecticut.

Topics ✓ Budget & TaxesSupports Budget & TaxesBill provides tax relief by allowing late filing for property tax exemptions, reducing financial burden on eligible property owners in specific towns.85% confidence

Sub-Topics Fees & Licensing Property Tax State Budget

in committee · Connecticut · House Mar 30, 2026

HB 5504: AN ACT AMENDING THE CHARTER OF THE CORNFIELD POINT ASSOCIATION.

This bill amends the governing charter of the Cornfield Point Association, a special district in Old Saybrook, to allow the association to increase property tax assessments on its properties. The key change permits the board of governors to recommend higher annual tax assessments, with a maximum limit of $1,000 per lot with a dwelling and $200 per vacant lot, while also giving the association the authority to decrease recommended rates. The association's tax collector would then collect these assessments, which would become liens on the properties and be recorded with the town. This legislation directly affects property owners within the Cornfield Point Association by potentially increasing their annual tax payments to the district.

Topics ✓ Budget & TaxesSupports Budget & TaxesBill enables special district to increase property tax assessments, providing additional funding for local services and infrastructure.85% confidence

Sub-Topics Property Tax

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passed · Connecticut · House Apr 24, 2026

HB 5500: AN ACT CONCERNING THE ABATEMENT OR REFUND OF INTEREST ON DELINQUENT MUNICIPAL PROPERTY TAXES OR SEWERAGE SYSTEM USE CHARGES OWED BY CERTAIN COMMON INTEREST COMMUNITIES.

This bill allows Connecticut municipalities to waive or refund interest on delinquent property taxes owed by large common interest communities that are in court-ordered receivership. To qualify for this relief, a community must have more than 500 units and be under a Superior Court order placing it in receivership, with the decision to grant the waiver or refund made by a local legislative vote. The provision applies to both unpaid interest on overdue taxes and interest that has already been paid by the community. If enacted, municipalities would lose potential revenue or incur costs depending on whether they choose to abate future interest or refund past payments.

Topics ✓ Budget & TaxesSupports Budget & TaxesBill provides tax relief by waiving interest on delinquent property taxes for distressed municipalities, reducing financial burden on residents and promoting fiscal stability.85% confidence

Sub-Topics Property Tax Tax Incentives

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in committee · Connecticut · House Mar 24, 2026

HB 5407: AN ACT CONCERNING STATE REIMBURSEMENT TO MUNICIPALITIES FOR REVENUE LOST DUE TO THE PROPERTY TAX EXEMPTION FOR VETERANS WITH A ONE HUNDRED PER CENT PERMANENT AND TOTAL DISABILITY RATING.

HB 5407 creates a state reimbursement program for Connecticut municipalities that lose property tax revenue when veterans with a 100% service-connected disability rating (as determined by the U.S. Department of Veterans Affairs) receive property tax exemptions. Municipalities must annually submit certified claims by July 1 to the Office of Policy and Management, detailing lost tax revenue from this exemption. The state will review claims and pay municipalities by December 31 each year, starting January 1, 2027. This directly affects towns, cities, and boroughs that administer local property taxes.

Topics ✓ Budget & TaxesSupports Budget & TaxesBill creates state reimbursement for municipalities' lost property tax revenue due to veteran exemptions, ensuring fiscal stability for local budgets without increasing taxes or defunding services.95% confidence ✓ VeteransSupports VeteransReimburses municipalities for revenue loss from veterans' property tax exemptions, preserving access to this benefit without financial burden on local governments.95% confidence

Sub-Topics Property Tax Revenue Tax Incentives Veteran Healthcare

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in committee · Connecticut · Senate Feb 27, 2026

SB 378: AN ACT CONCERNING CERTAIN PROPERTY TAX EXEMPTIONS FOR DISABLED VETERANS.

SB 378 provides a property tax exemption for veterans permanently and totally disabled due to service-connected injuries, as certified by the U.S. Department of Veterans Affairs with a 100% disability rating. Eligible veterans can exempt their primary residence (including up to two acres of land) or one vehicle from property taxes, and the exemption extends to spouses living with them or surviving spouses/minor children of deceased veterans. To qualify, veterans must submit proof of their VA disability rating to their town assessor, and the exemption applies to assessment years starting October 1, 2026. This change replaces existing provisions to clarify eligibility and streamline the application process.

Topics ✓ Budget & TaxesSupports Budget & TaxesProvides property tax exemption for disabled veterans, reducing tax burden and aligning with tax relief for vulnerable groups.95% confidence ✓ VeteransSupports VeteransProvides property tax exemption for disabled veterans with 100% VA rating, expanding financial benefits for eligible veterans and families.95% confidence

Sub-Topics Property Tax Tax Incentives Veteran Benefits Veteran Healthcare Veteran Housing

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in committee · Connecticut · Senate Feb 17, 2026

SB 214: AN ACT CONCERNING THE BASIC PROPERTY TAX EXEMPTION FOR VETERANS AND CERTAIN OTHER MILITARY-RELATED INDIVIDUALS.

SB 214 increases the property tax exemption for veterans and certain military-related individuals from $15,000 to $20,000 on properties valued under $750,000. This directly affects qualifying veterans who own homes or other properties meeting the value threshold. The bill modifies existing law to provide a $20,000 reduction off the assessed value of eligible properties. It does not change eligibility criteria but sets a $750,000 cap on property value to qualify for the exemption. The change applies to all qualifying properties owned by veterans or military-related individuals in the state.

Topics ✓ Budget & TaxesSupports Budget & TaxesIncreases property tax exemption for veterans, reducing their tax burden. Direct tax relief aligns with supporting fiscal responsibility for lower-income groups.95% confidence ✓ VeteransSupports VeteransIncreases property tax exemption for veterans from $15,000 to $20,000, directly expanding financial benefits under veterans' tax policy.95% confidence

Sub-Topics Property Tax Tax Incentives Veteran Benefits Veteran Education Veteran Housing

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in committee · Connecticut · Senate Feb 20, 2026

SB 101: AN ACT ESTABLISHING A STATE-WIDE PROPERTY TAX ON CERTAIN RESIDENTIAL REAL PROPERTY.

SB 101 would create a new statewide property tax on residential properties valued over $3 million. It sets three tax rates based on property value: 0.2% (2 mills) for homes worth $3-5 million, 0.3% (3 mills) for $5-10 million properties, and 0.4% (4 mills) for homes valued at $10 million or more. This tax would apply uniformly across the state to qualifying high-value residential properties, directly affecting owners of such homes. The bill specifies the tax rates but does not detail how the revenue would be allocated.

Topics ✓ Budget & TaxesSupports Budget & TaxesCreates new property tax revenue source for state budget via tiered rates (0.2%-0.4%) on high-value homes ($3M+), directly advancing state tax collection.95% confidence

Sub-Topics Business Taxes Property Tax Sales Tax

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