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SB00214 • 2026

AN ACT CONCERNING THE BASIC PROPERTY TAX EXEMPTION FOR VETERANS AND CERTAIN OTHER MILITARY-RELATED INDIVIDUALS.

AN ACT CONCERNING THE BASIC PROPERTY TAX EXEMPTION FOR VETERANS AND CERTAIN OTHER MILITARY-RELATED INDIVIDUALS.

Taxes
Passed Legislature

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

Sponsor
Sen. Catherine A. Osten, 19th Dist.
Last action
2026-02-17
Official status
Referred to Joint Committee on Veterans' and Military Affairs
Effective date
Not listed

Plain English Breakdown

The bill has passed both chambers but is currently referred to a committee; it may not be law yet.

Changes to Property Tax Exemptions for Veterans

This bill increases the amount veterans and certain other military-related individuals can subtract from their home's tax value, but only if the property is worth less than $750,000.

What This Bill Does

  • Increases the property tax exemption to $20,000 off the assessed value of eligible homes.
  • Sets a limit that the property must be valued at less than $750,000 to receive this exemption.
  • Applies these rules only if the home is owned by or held in trust for qualifying individuals.

Who It Names or Affects

  • Veterans who own property
  • Certain other military-related individuals named in existing laws
  • People holding property in trust for veterans or qualifying military members

Terms To Know

Property tax exemption
An amount subtracted from the value of a home before calculating how much tax is owed.
Assessed value
The official dollar value assigned to a property for tax purposes.

Limits and Unknowns

  • The bill does not define exactly who counts as 'certain other military-related individuals' beyond referring to existing laws.
  • The text does not state when these changes will officially take effect.
  • It is unclear if this change applies retroactively or only to future tax years.

Bill History

  1. 2026-02-17 Connecticut General Assembly

    Referred to Joint Committee on Veterans' and Military Affairs

Official Summary Text

To (1) provide an increase in the exemption amount for property belonging to veterans and certain other military-related individuals, and (2) impose a cap on the value of any such property that would be eligible for such exemption.

Current Bill Text

Read the full stored bill text 
LCO No. 787 1 of 1

General Assembly Proposed Bill No. 214
February Session, 2026 LCO No. 787

Referred to Committee on VETERANS' AND MILITARY
AFFAIRS

Introduced by:
SEN. OSTEN, 19th Dist.

AN ACT CONCERNING THE BASIC PROPERTY TAX EXEMPTION
FOR VETERANS AND CERTAIN OTHER MILITARY-RELATED
INDIVIDUALS.
Be it enacted by the Senate and House of Representatives in General
Assembly convened:

That subdivision (19) of section 12 -81 of the general statutes be 1
amended to provide, for any property belonging to or held in trust for 2
any veteran or certain other military-related individual that is valued at 3
less than seven hundred fifty thousand dollars, a property tax 4
exemption in the amount of twenty thousand dollars off the assessed 5
value of such property. 6
Statement of Purpose:
To (1) provide an increase in the exemption amount for property
belonging to veterans and certain other military-related individuals,
and (2) impose a cap on the value of any such property that would be
eligible for such exemption.