AN ACT INCLUDING THE LAND ON WHICH A DWELLING SITS IN THE PROPERTY TAX EXEMPTION FOR VETERANS WITH A SERVICE-CONNECTED PERMANENT AND TOTAL DISABILITY RATING.

HB 5243 expands an existing property tax exemption for veterans by adding the land surrounding a home to the covered property. It directly affects veterans with a service-connected permanent and total disability rating who currently qualify for a tax exemption only on the dwelling itself. The bill amends section 12-81 of the general statutes to include "the land on which a dwelling sits" in the exemption, meaning both the home and its surrounding land would be excluded from property taxes. This change provides broader tax relief for qualifying veterans by extending the exemption beyond the structure to the entire lot.