[Adopted 10-7-2015[1]]
[1]
Editor's Note: This ordinance also repealed former Art. V,
Supplemental Veterans Property Tax Exemption, adopted 4-14-2004 (Ord.
No. 64A), as amended.
A.
Any veteran entitled to an exemption from property tax in accordance
with Subdivision 19 of § 12-81 of the Connecticut General
Statutes shall be entitled to an additional exemption, provided that
such veteran's qualifying income does not exceed $48,100 for a single
veteran or $56,400 for a married veteran beginning in the fiscal year
2023-2024. Qualifying income levels are subject to change upon resolution
by the Legislative Council, which may base such changes on recommendations
to the Legislative Council from the office of the First Selectman.
Current modified income levels and corresponding maximum available
tax credits shall be made available to the public in the office of
the Tax Assessor. The exemption, in the greater amount of $10,000
or 10% of the assessed value of the property, shall be applied to
the assessed value of an eligible veteran's property.
[Amended 8-17-2022]
B.
Effective for the assessment year commencing October 1, 2015, and
each assessment year thereafter, the additional exemption from property
tax permitted by Connecticut General Statutes § 12-81g(b)
for veterans and their spouses pursuant to the provisions of Subdivision
20 of Connecticut General Statutes § 12-81 is hereby authorized
for those persons who meet the eligibility requirements of said sections.
[Amended 8-17-2022]
Any veteran's surviving spouse entitled to an exemption from
property tax, in accordance with Subdivision 22 of § 12-81,
shall be entitled to an additional exemption, provided that such surviving
spouse's qualifying income does not exceed $48,100 beginning in the
fiscal year 2023-2024, or the current qualifying income level set
by resolution of the Legislative Council in subsequent years. The
exemption, in the greater amount of $10,000 or 10% of the assessed
value of the property, shall be applied to the assessed value of an
eligible surviving spouse's property.
The Assessor of the Town of Newtown shall administer the veteran's
tax exempt program as set forth in C.G.S. § 12-81f, as amended
by Public Act 03-44, and C.G.S. § 12-81g, as amended by
Public Act 13-224.
