HB05478: An Act Concerning A Property Tax Exemption For Certain Veterans And The Provision Of Written Notice To Municipalities And Veterans' Organizations Of Certain Optional Municipal Property Tax Exemptions.

Legislative Summary

To establish a property tax exemption of ten per cent of the assessed value of primary residences owned and occupied by certain veterans and to provide for reimbursement to municipalities and districts with an equalized net grand list per capita below a certain threshold.