SB 562 — AN ACT LOWERING THE AGE OF ELIGIBILITY FOR PROPERTY TAX RELIEF FOR ELDERLY PERSONS.

[, and such] Such person shall be entitled to continue to pay the amount of such tax or such lesser amount as may be levied in any year, during each subsequent year that such person meets such qualifications, and the surviving spouse of such owner or tenant, qualified in accordance with the requirements LCO 1921 \\PRDFS1\SCOUSERS\FORZANOF\WS\2019SB-00562-R01 of 3 SB.docx Raised Bill No.

1921562 1 of 3 Raised Bill No.562 such owner or tenant, qualified in accordance with the requirements pertaining to a surviving spouse in this subsection, or any owner or tenant possessing a joint interest in such property with such owner at the time of such owner's death and qualified at such time in accordance with the requirements in this subsection, shall be entitled to continue to pay the amount of such tax or such lesser amount as may be levied in any year, as it becomes due each year following the death of such owner for as long as such surviving spouse or joint owner or joint tenant is qualified in accordance with the requirements in this subsection.

(1) On December thirty-first of the calendar year preceding the year in which a claim is filed, be (A) [seventy] sixty-five years of age or over, (B) the spouse of a person, [seventy] sixty-five years of age or over, provided such spouse is domiciled with such person, or (C) sixty-two years of age or over and the surviving spouse of a taxpayer who at the time of such taxpayer's death had qualified and was entitled to tax relief under this section, provided such surviving spouse was domiciled with such taxpayer at the time of the taxpayer's death, (2) occupy such real property as his or her home, (3) either spouse shall have resided within this state for at least one year before filing the claim under this section and section 12-170w, (4) the taxable and nontaxable income of such taxpayer, the total of which shall hereinafter be called "qualifying income", in the tax year of such homeowner ending immediately preceding the date of application for benefits under the program in this section, was not in excess of limits set forth in section 12-170aa, as adjusted annually, evidence of which income shall be submitted to the assessor in the municipality in which LCO 1921 {\\PRDFS1\SCOUSERS\FORZANOF\WS\2019SB-00562 of 3 R01-SB.docx } Raised Bill No.

1921562 2application offor 3benefits Raisedunder Billthis No.section is filed in such form and manner as the assessor may prescribe.

562 income shall be submitted to the assessor in the municipality in which application for benefits under this section is filed in such form and manner as the assessor may prescribe.

Section 1 October 1, 2019, and 12-170v(a) applicable to assessment years commencing on or after October 1, 2019 StatementAGE Joint Favorable LCO 1921 {\\PRDFS1\SCOUSERS\FORZANOF\WS\2019SB-00562-3 of Purpose:3 R01-SB.docx }

To lower the age a senior citizen must be to obtain available property tax relief.

[Proposed deletions are enclosed in brackets.

Proposed additions are indicated by underline, except that when the entire text of a bill or resolution or a section of a bill or resolution is new, it is not underlined.] LCO No.

1921 3 of 3