spot_imgspot_img

Disabled Connecticut veterans to receive break on taxes

spot_img

(The Center Square) — Connecticut veterans with disabilities will get a break on their property and vehicle taxes under a bill signed by Gov. Ned Lamont.

The measure, which passed the Legislature with bipartisan support, covers veterans with a permanent and total disability rating resulting from their active-duty service. The exemption, expected to impact about 1,200 veterans in the state, will apply to the primary resident owned by an eligible disabled service member or, if they don’t own a home, to one motor vehicle owned by the service member.

“Our service members put their lives on the line to protect our nation, and this property tax exemption will provide some relief to those who have made sacrifices for our country,” Lamont, a Democrat, said in a statement. “Connecticut is the home of many veterans who have provided for our nation, and we want to ensure that they are properly cared for in their lives after leaving service.”

State Rep. Anthony Nolan, D-New London, called the legislation “one of the greatest bills” he’s ever voted for and said it “acknowledges and appreciates the sacrifices these veterans have made for their country.”

“It provides them with financial relief and support, recognizing their services and the challenges they may face due to their disabilities,” said Nolan, who co-chairs the Legislature’s Committee on Veterans and Military Affairs. “It also improves their quality of life by easing their financial burden and allowing them to focus on their health and well-being.”

State Sen. Cathy Osten, D-Sprague, an Army veteran and co-chair of the Legislature’s Appropriations Committee, said she has been working for years to get the disabled veterans exemption passed and praised Republicans for supporting it.

“These service members and their sacrifice for our country need to be remembered and honored, and eliminating their local property taxes is just one good way of doing that,” she said.

The property tax exemption, which goes into effect immediately, would be passed to the spouse or child living with the qualifying veteran at their primary residence if the veteran passes away.

Under the state’s current property tax exemptions, disabled veterans are eligible for a property tax exemption of up to $1,500 for those with up to 90 days of “wartime service.”

The changes were opposed by cities and towns, which argued that it would impose new unfunded mandates on cash-strapped local governments by increasing the property tax exemption of state-mandated exemptions, local option property tax exemptions, and fully exempt from the property tax property owned by 100% permanent and totally disabled veterans.

“Towns and cities remain almost exclusively reliant on the imposition of a regressive property tax system to fund all levels of local service and these proposals would further increase property tax rates that already subsidize the current mandated 99 property exemptions,” the Connecticut Conference of Municipalities said in recent testimony.

“Additional exemptions to the property tax further shift the burden of paying for local education and services to other taxpayers,” the group said.

DON’T MISS OUT

Be the first to know about the latest news, giveaways, events, and updates from The Black Chronicle!

We don’t spam! Read our privacy policy for more info.

spot_img
spot_img

Hot this week

African and Caribbean Nations Call for Reparations for Slave Trade, Propose Global Fund

Nations across Africa and the Caribbean, deeply impacted by...

Health care company agrees to pay $22.5 million to settle claims of over billing

A health care company agreed to pay nearly $22.5...

Sports betting expert offers advice on paying taxes for gambling winnings

(The Center Square) – Tax season is underway, and...

Entertainment district benefits don’t outweigh the cost, economists say

(The Center Square) — Weeks later, after more details...

Business association ‘disappointed’ by WA L&I’s proposed workers comp rate hike

(The Center Square) – The Association of Washington Business...

Georgia Appeals Court Cancels Arguments in Trump Election Interference Case Appeal

According to the Associated Press, a Georgia appeals court...

5th Circuit upholds block of Ten Commandments law

(The Center Square) — Louisiana's plan to mandate the...

Illinois quick hits: Illinois pension liability 2nd worst in U.S.

Illinois pension liability 2nd worst in U.S. ...

Georgia poised to gain first national park and preserve

(The Center Square) – Georgia is one step closer...

Arizona job growth ‘slower,’ still better than other states

(The Center Square) – Arizona continues to fare better...

Louisiana’s school performance scores increase for third consecutive year

(The Center Square) — Data released on Wednesday from...

Poll: Majority of Americans support Trump’s plan to declare emergency at border

(The Center Square) – A majority of Americans support...

More like this
Related

Georgia Appeals Court Cancels Arguments in Trump Election Interference Case Appeal

According to the Associated Press, a Georgia appeals court...

Court schedule set for Washington parents charged in attempted ‘honor killing’

(The Center Square) – Two Lacey parents accused in...

5th Circuit upholds block of Ten Commandments law

(The Center Square) — Louisiana's plan to mandate the...

Illinois quick hits: Illinois pension liability 2nd worst in U.S.

Illinois pension liability 2nd worst in U.S. ...