SB 643 — AN ACT CONCERNING A REVIEW OF MUNICIPAL OPTION TAX RELIEF FOR VETERANS.

Senate General Assembly SubstituteFile Bill No.

643217 January Session, 2023 ANSubstitute ACTSenate CONCERNINGBill ANo. REVIEW OF MUNICIPAL OPTION TAX RELIEF FOR VETERANS.

643 Senate, March 27, 2023 The Committee on Veterans' and Military Affairs reported through SEN.

MARX of the 20th Dist., Chairperson of the Committee on the part of the Senate, that the substitute bill ought to pass.

AN ACT CONCERNING A REVIEW OF MUNICIPAL OPTION TAX RELIEF FOR VETERANS.

SectionSection1. 1.

(Effective OctoberOctober1,2023) 1, 2023) The Office ofofLegislative Legislative Research, created under section 2-71c of the general statutes, shall (1) review all provisions of the general statutes that authorize municipalities to enact property tax relief for veterans, and (2) prepare a list of each municipality that, pursuant to such authorization, has enacted such property tax relief, which list shall include details concerning such property tax relief in each such municipality such as the mill rate, exemption or abatement amount, qualifying income threshold, size of the grand list and median home value.

As used in this section, "veteran" has the samesSB643 meaning/ asFile providedNo. in section 27-103 of the general statutes.

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217 same meaning as provided in section 27-103 of the general statutes.

Section 1 October 1, 2023 New section LCOStatement \\PRDFS1\SCOUSERS\FORZANOF\WS\2023SB-00643-R02-SB.d1 of 2Legislative SubstituteCommissioners: Bill No.

643 Statement of Legislative Commissioners:

-LCO LCOsSB643 {\\PRDFS1\SCOUSERS\FORZANOF\WS\2023SB-00643-R02-/ 2File ofNo. 2 SB.docx }

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217 The following Fiscal Impact Statement and Bill Analysis are prepared for the benefit of the members of the General Assembly, solely for purposes of information, summarization and explanation and do not represent the intent of the General Assembly or either chamber thereof for any purpose.

In general, fiscal impacts are based upon a variety of informational sources, including the analyst’s professional knowledge.

Whenever applicable, agency data is consulted as part of the analysis, however final products do not necessarily reflect an assessment from any specific department.

OFA Fiscal Note State Impact:

None Municipal Impact:

None Explanation The bill requires the Office of Legislative Research (OLR) to prepare a report on municipal tax relief for veterans resulting in no fiscal impact because OLR has the expertise to meet the requirements of the bill.

The Out Years State Impact:

None Municipal Impact:

None sSB643 / File No.

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217 OLR Bill Analysis SB 643 AN ACT CONCERNING A REVIEW OF MUNICIPAL OPTION TAX RELIEF FOR VETERANS.

SUMMARY The Office of Legislative Research does not analyze Special Acts.

COMMITTEE ACTION Veterans' and Military Affairs Committee Joint Favorable Yea 20 Nay 0 (03/07/2023) sSB643 / File No.

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