HB 5068

General Assembly  Proposed Bill No. 5068
      February Session, 2026  LCO No. 267
    Referred to Committee on  FINANCE, REVENUE AND
    BONDING
    Introduced by:
     REP. BUCKBEE, 67th Dist.
 AN ACT CONCERNING REIMBURSEMENTS TO 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:
1  That the general statutes be amended to require the state to reimburse
2      each municipality fifty per cent of the revenue loss caused by a property
3      tax exemption for veterans pursuant to subdivision (83) of section 12-81
4      of the general statutes.
       Statement of Purpose:
       To require the state to partially reimburse municipalities for the cost
       associated with administering a veterans property tax credit.
    LCO No. 267  1 of 1