The Town of Bethel hereby enacts tax relief
for the elderly pursuant to Section 12-129n et seq. of the Connecticut
General Statutes, as presently in force, for eligible residents of
the Town of Bethel, on the terms and conditions provided herein.
Any person who owns real property in the Town
of Bethel or is liable for the payment of taxes thereon pursuant to
Section 12-48 of the Connecticut General Statutes and occupies the
real property as a residence shall be entitled to a tax credit for
an amount as hereinafter set forth against said real estate taxes
due in the fiscal year commencing July 1, 2001, and in each fiscal
year thereafter, provided that the following conditions are met:
A. Such person is 65 years of age or over or his or her
spouse is 65 years of age or over and resides with said person.
B. Such person is under 65 years of age and eligible
in accordance with applicable federal regulations to receive permanent
total disability benefits under social security, or has not been engaged
in employment covered by social security and accordingly has not qualified
for benefits thereunder, but has become qualified for permanent total
disability benefits under any federal, state or local government,
retirement or disability plan, including the Railroad Retirement Act
and any government-related teacher's retirement plan, in which requirements
with respect to qualifications of such permanent total disability
benefits are comparable to such requirements under social security.
C. The real property which is eligible for tax benefits
under this article must be the principal residence of the person.
"Principal residence" shall be defined as the residence of a person
at least six months and one day for the calendar year immediately
preceding the year in which the application is filed.
D. Such person must have been a taxpayer of the Town
for one year immediately preceding their receipt of tax benefits under
this article.
E. Amount of credit.
(1) The maximum allowable tax credit based on such person's
income, individually if unmarried or jointly if married, shall be
as follows:
[Amended 2-21-2007]
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Tables for Fiscal Year
July 1, 2007, to June 30, 2008
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Income
|
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Over
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Not Exceeding
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Credit1
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$0
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$14,400.00
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75%
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|
$14,401.00
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$19,400.00
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60%
|
|
$19,401.00
|
$24,200.00
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45%
|
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$24,201.00
|
$28,800.00
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30%
|
|
$28,801.00
|
$35,300.00
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15%
|
|
$35,301.00
|
$42,800.00
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10%
|
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NOTE:
1Represents total
maximum percentage tax credit when combined with all other State of
Connecticut tax relief programs for annual real estate taxes.
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(2) Income as set forth in the above tables represents
annual income for the calendar year immediately preceding the year
in which the application is filed.
F. For the fiscal year commencing July 1, 2002, and each fiscal year thereafter, the tables as hereinbefore set forth in Subsection
E shall match the State of Connecticut Tables for the Owner's Program, Section 12-170aa et seq. of the Connecticut General Statutes, for the same benefit year. In the event that a portion of the Town's Income and Credit Tables are greater than that allowed by the State of Connecticut Tables, then for such excess, the amount of income and credit as set forth in Subsection
E shall be controlling for the purposes of granting tax relief.
G. For the purposes of this article, "income" shall have
the same definition as "qualifying income" set forth in the State
of Connecticut Owner's Program, Section 12-170aa et seq. of the Connecticut
General Statutes, which includes both taxable and nontaxable income.
H. Proof of income shall be based upon the same requirements
of the State of Connecticut's proof of income under the Owner's Program,
Section 12-170aa et seq. of the Connecticut General Statutes.
I. Such person must first apply for tax relief under
any state statute for which he or she is eligible, and provided further
that the tax credit granted by the Town, together with all tax relief
benefits obtained from the State of Connecticut pursuant to state
law, shall not result in a reduction of the applicant's total real
estate tax by more than 75% of the total amount thereof.
The Board of Finance shall review and monitor
annually the number of persons making application for tax benefits,
the number of persons eligible for tax benefits and the amount of
tax credits granted under this article by the Town and shall do so
in the form of a written report to he completed no later than November
30 of each year for the current fiscal year in which the report is
due. Said report shall also set forth any recommendations which the
Board of Finance may have to amend this article and shall file said
report with the Board of Selectmen and the Office of Town Clerk of
the Town no later than November 30 of each year.
[Amended 2-21-2007]
This article shall take effect immediately upon passage and shall apply to all real estate taxes due and payable in the fiscal year commencing July 1, 2001, based upon the October 1, 2001, assessment year. The amendments to §
98-7E(1) shall take effect immediately upon passage and shall apply to all real estate taxes due and payable in the fiscal year commencing July 1, 2007, based upon the October 1, 2006, assessment year.