SENATOR MARX CHEERS AS PROPERTY TAX EXEMPTION FOR DISABLED VETERANS TO BECOME LAW

As the 2024 legislative session nears its end, State Senator Martha Marx (D-New London) cheered as legislation that will provide a property tax exemption for veterans with service-connected total disability ratings passed both the House and Senate and will be signed into law in coming weeks. As Senate Chair of the Veterans and Military Affairs Committee, Sen. Marx was excited that these veterans will receive important financial relief.

“Our veterans who made sacrifices for our country deserve continued support, and this bill will help relieve financial pressures that negatively impact their lives,” said Sen. Marx. “I’m proud that my colleagues and I were able to move this important aid forward.”

House Bill 5491, “An Act Establishing A Property Tax Exemption For Veterans Who Have A Service-Connected Permanent And Total Disability Rating,” will fully exempt a veteran with a permanent and total 100% disability rating from property tax on their primary residence or motor vehicle. This bill expands existing policies, allowing for increased financial relief for these men and women who sacrificed for the United States and experienced permanent injury in the process.

Under the bill, this full exemption applies to either a primary residence the service member owns, which can include condominiums or units in common-interest communities, or a motor vehicle kept in the state if a service member does not own a primary residence.

Upon its signing into law, the bill will go into effect October 1 and will be applicable to assessment years starting on or after that date.