Variations in Receipt of Benefit
No Variation in Receipt of Benefits
This program was started in 1967, but no new applicants have been allowed since 1979. Eligible taxpayers receive a cap on their property tax liability. They never pay any more than their tax liability from their first year enrolled in the program. If their tax liability falls below this amount, they may pay the lesser value. The maximum annual benefit is $2,000.
How is Benefit Disbursed
Eligible Property Type
Characteristics of Eligible Property
Only residential property is eligible for this program.
Description of Eligibility Criteria
This program was started in 1967, but no new applicants have been allowed since 1979. Eligible applicants must be at least 65 years or older and have an adjusted gross income under $6,000. Unremarried surviving spouses of taxpayers who qualified at the time of their death are eligible if they are at least 50 years old. In addition, they must also occupy the eligible property as their primary home and have lived in the state for at least one year.
Local Option in Adoption of Program
Local government is unable to exercise an option
Local Option Regarding Program Features
No local option regarding program features
State Funding for Local Tax Loss
State reimburses all of the local government tax loss
Description of State Funding for Tax Loss
The state reimburses municipalities for the revenue loss associated with the liability cap.
Conn. Gen. Stat. § 12-129p (in effect for 2020)
[http://www.ct.gov/opm/lib/opm/igp/grants/taxrel/m36(freezeclaimform07).pdf accessed 11/04/2021]
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