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

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HB05086 • 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. Mitch Bolinsky, 106th Dist.
Last action
2026-02-09
Official status
Referred to Joint Committee on Finance, Revenue and Bonding
Effective date
Not listed

Plain English Breakdown

The bill text confirms the action is an amendment to general statutes but does not provide details on funding sources or implementation timelines.

State Reimbursement for Veterans Property Tax Credits

This bill requires the state government to pay local towns back for money they lose when veterans do not have to pay property taxes.

What This Bill Does

  • Requires the state to fully reimburse each municipality for lost tax revenue caused by a veteran's property tax exemption.

Who It Names or Affects

  • Municipalities that collect property taxes and lose revenue due to the veterans' exemption.
  • The state government, which must provide the reimbursement funds.

Limits and Unknowns

  • The official text does not specify when this law will take effect or how long it lasts.
  • The document references an existing statute for veteran eligibility but does not list specific qualification rules in the bill itself.

Bill History

  1. 2026-02-09 Connecticut General Assembly

    Referred to Joint Committee on Finance, Revenue and Bonding

Official Summary Text

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. 663 1 of 1

General Assembly Proposed Bill No. 5086
February Session, 2026 LCO No. 663

Referred to Committee on FINANCE, REVENUE AND
BONDING

Introduced by:
REP. BOLINSKY, 106th 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 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.