Town of Bethany, CT Article IV Effective Date of Exemption

[Adopted by the ATM 5-19-1997]

§ 184-6 Effective date of tax exemption for certain property.

A. Pursuant to Section 12-8b of the Connecticut General Statutes, all property tax exemptions authorized by subdivisions (7) through (16), inclusive, of Section 12-81 of the Connecticut General Statutes shall be effective as of the date of acquisition of the property to which the exemption applies.

B. If any tax has been paid on any property which is exempt from taxation pursuant to this section, the tax-exempt organization which has paid the tax, or which has reimbursed the prior owner on the closing of title for the owner's payment of the tax, shall be eligible for refund of that portion of the tax paid or reimbursed which covers the period subsequent to the date of exemption as referred to in Subsection A above.

C. An application for refund of the tax paid or reimbursed by an eligible tax-exempt organization shall be in accordance with the procedure outlined in Section 12-129 of the Connecticut General Statutes.

D. The veterans property tax exemption as authorized pursuant to Connecticut General Statutes shall be increased for qualified veterans to $5,000 on the property to which the exemption applies. The Board of Selectmen and Board of Finance shall annually review the veterans tax exemption to determine if said exemption should be increased. Any increase shall only take effect upon affirmative vote of the Board of Selectmen and the Board of Finance.

[Added STM 10-21-2004]

E. Pursuant to the authority granted under C.G.S. § 12-81g and Public Act No. 13-224: Effective for the assessment year commencing October 1, 2015, and each assessment year thereafter, any person entitled to an exemption from property tax in accordance with Subdivision 20 of C.G.S. § 12-81, reflecting any increase made pursuant to the provisions of C.G.S. § 12-62g, who has a disability rating of 100%, as determined by the United States Department of Veterans Affairs, shall be entitled to an additional exemption from such tax in an amount equal to three times the amount of the base exemption provided for such person pursuant to Subdivision 20 of C.G.S. § 12-81, provided such person's total adjusted gross income, as determined for purposes of claim for any such exemption, is not more than $21,000 if such person is married or not more than $18,000 if such person is not married.

[Added 3-26-2015 STM]