AN ACT EXCLUDING VETERANS' DISABILITY PAYMENTS FROM QUALIFYING INCOME WHEN DETERMINING CERTAIN PROPERTY TAX RELIEF.

HB 7122 excludes veterans' disability payments from "qualifying income" when determining eligibility for property tax relief in Connecticut. It directly affects veterans whose federal adjusted gross income (excluding disability payments) is $50,100 or less, allowing them to qualify for a 10% property tax exemption on their primary residence. The bill amends existing tax relief statutes by revising the definition of "qualifying income" to specifically exclude veterans' disability payments, which previously counted toward the income limit. This change becomes effective October 1, 2025, expanding eligibility for tax relief to more veterans who rely on disability payments as their primary income source.