Municipal option to provide exemption for percentage of assessed value of owner-occupied dwellings

Any municipality may, upon approval by its legislative body or, in a municipality where the legislative body is a town meeting, by vote of the board of selectmen, provide an exemption from property tax of not less than five per cent and not more than thirty-five per cent of the assessed value, for owner-occupied dwellings, including condominiums, as defined in section 47-68a, and units in a common interest community, as defined in section 47-202, that are the primary residences of such owners and consist of not more than two units.

(P.A. 24-151, S. 71.)

History: P.A. 24-151 effective June 6, 2024.