KLS Keeping Law Simple Legislation in plain English

Straight-ahead summaries built from the official bill text. We keep the source links front and center and leave the decision up to you.

Back to Connecticut

HB05007 • 2026

AN ACT FULLY REIMBURSING MUNICIPALITIES FOR REVENUE LOSS ASSOCIATED WITH A VETERANS PROPERTY TAX CREDIT.

AN ACT FULLY REIMBURSING MUNICIPALITIES FOR REVENUE LOSS ASSOCIATED WITH A VETERANS PROPERTY TAX CREDIT.

Taxes
Passed Legislature

This bill passed both chambers and reached final enrollment, even if later executive action is not shown here.

Sponsor
Rep. Vincent J. Candelora, 86th Dist.
Last action
2026-02-04
Official status
Referred to Joint Committee on Finance, Revenue and Bonding
Effective date
Not listed

Plain English Breakdown

Checked against official source text during the last sync.

Act Reimbursing Towns for Veterans' Property Tax Exemptions

This act requires the state to reimburse municipalities for revenue lost due to a veterans property tax exemption.

What This Bill Does

  • Requires the state to pay back all lost revenue to municipalities due to a specific veteran's property tax exemption as stated in section 12-81, subdivision (83) of Connecticut’s general statutes.

Who It Names or Affects

  • Municipalities and local governments across the state.
  • Veterans who qualify for property tax exemptions.

Terms To Know

Revenue loss
The money a town loses when it gives tax breaks to veterans.
Property tax exemption
A rule that allows certain people, like veterans, to pay less in property taxes.

Limits and Unknowns

  • Does not specify how the state will fund these reimbursements.
  • The bill has passed both chambers but does not show if it was signed by the governor or implemented yet.

Bill History

  1. 2026-02-04 Connecticut General Assembly

    Referred to Joint Committee on Finance, Revenue and Bonding

Official Summary Text

To require the state to fully reimburse each municipality for the revenue loss caused by a property tax exemption for veterans pursuant to subdivision (83) of section 12-81 of the general statutes.

Current Bill Text

Read the full stored bill text 
LCO No. 288 1 of 1

General Assembly Proposed Bill No. 5007
February Session, 2026 LCO No. 288

Referred to Committee on FINANCE, REVENUE AND
BONDING

Introduced by:
REP. CANDELORA V., 86th Dist.
REP. O'DEA, 125th Dist.
REP. RUTIGLIANO, 123rd Dist.
REP. ACKERT, 8th Dist.
REP. ZUPKUS, 89th Dist.
REP. ZAWISTOWSKI, 61st Dist.
REP. CARNEY, 23rd Dist.

AN ACT FULLY REIMBURSING MUNICIPALITIES FOR REVENUE
LOSS ASSOCIATED WITH A VETERANS PROPERTY TAX CREDIT.
Be it enacted by the Senate and House of Representatives in General
Assembly convened:

That the general statutes be amended to require the state to fully 1
reimburse each municipality for the revenue loss caused by a property 2
tax exemption for veterans pursuant to subdivision (83) of section 12-81 3
of the general statutes. 4
Statement of Purpose:
To require the state to fully reimburse each municipality for the revenue
loss caused by a property tax exemption for veterans pursuant to
subdivision (83) of section 12-81 of the general statutes.