Variations in Receipt of Benefit
Benefit Varies with Income
For married homeowners, the benefit is determined by a sliding scale of relief with 5 income brackets, with tax relief ranging from 50% if income is in the lowest bracket, to 10% if income is less than $42,900. For single homeowners, relief is determined by 4 income brackets with tax relief ranging from 40% if income is in the lowest bracket to 10% if income is less than $35,200. The maximum benefit for married applicants is $1,250. The maximum benefit for single applicants is $1,000.
How is Benefit Disbursed
Credit to the property tax bill
Eligible Property Type
Characteristics of Eligible Property
Only residential property is eligible for this program.
Description of Eligibility Criteria
State law provides a property tax credit program for Connecticut owners in residence of real property, who are at least 65 years old or totally disabled, and whose annual incomes do not exceed certain limits. The widow or widower of someone who received benefits at time of death is eligible. Income ceilings are $35,200 for single claimants, and $42,900 for married claimants.
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 cost of providing the program.