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state_legiscan_backfill · CT

An Act Limiting Local Property Tax Increases On Seniors And Certain Persons With Disabilities.

February 20, 2025

Summary

If enacted, this bill would implement restrictions on local property tax increases for elderly residents and individuals with disabilities living on fixed incomes. This legislation impacts the assessment and collection processes for municipal tax authorities and may influence the fiscal obligations of lenders and servicers managing escrow accounts for these homeowners.

Source: https://www.cga.ct.gov/asp/cgabillstatus/cgabillstatus.asp?selBillType=Bill&bill_num=SB01345&which_year=2025

Common questions

What does "An Act Limiting Local Property Tax Increases On Seniors And Certain Persons With Disabilities." cover?
If enacted, this bill would implement restrictions on local property tax increases for elderly residents and individuals with disabilities living on fixed…
When was it published?
It was published on February 20, 2025.

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