Devlin supports increase in veterans property tax local exemption

State Rep. Laura Devlin (Fairfield & Trumbull) voted to allow local cities and towns that provide certain additional optional veteran property tax exemptions to increase the income thresholds for eligibility.

The legislation, HB-5239, An Act Concerning Eligibility For Certain Veterans’ Property Tax Exemptions would include increasing the income thresholds for eligibility for wartime veterans, disabled veterans and the surviving spouse of a service member or veteran.

“Veterans have given so much to our communities and our nation,” said Rep. Devlin, “so it is only proper that we give something back by helping veterans remain in their own homes. This bill gives towns the option of expanding the existing veterans’ property exemption program.”

Under current law, towns may offer tax exemptions to veterans whose incomes are:

(1) Below the state’s income limit for other veterans’ property tax exemptions, set annually by the Office of Policy and Management (OPM) (for 2018, $35,300 for individuals and $43,000 for married couples)

(2) Or an amount the municipality sets, up to $25,000 more than the state limit. The bill instead allows municipalities to set the income limit, with the minimum being the amount OPM sets.

The state-mandated veterans property tax exemption is available to state residents who are veterans of the U. S. Armed Forces (Army, Navy, Marine Corps, Coast Guard, and Air Force and any reserve component of these branches, including the Connecticut National Guard performing duty under Title 32 of federal law) and have served at least 90 days in a time of war.

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