A reduction in property tax, as authorized by
C.G.S. § 12-129n, as that section may be amended or recodified
from time to time, is hereby authorized for those persons meeting
the eligibility requirements set forth in this article. The amount
of the reduction authorized hereunder shall be equal to the tax credit
received by the taxpayer pursuant to C.G.S. § 12-170aa as
that section may be amended or recodified from time to time.
A taxpayer shall be eligible for the additional
reduction authorized by this article, provided that said taxpayer
meets the age and/or disability criteria set forth in C.G.S. § 12-129n(a),
as that section may be amended or recodified from time to time, and
further provided that said taxpayer meets the income criteria necessary
to qualify for a forty percent tax credit or more pursuant to C.G.S.
§ 12-170aa as that section may be amended or recodified
from time to time, if married, or a thirty-percent credit or more,
if unmarried.