Connecticut legislation · 2026 General Assembly
Connecticut HB5284: AN ACT CONCERNING PROPERTY TAX ABATEMENT FOR CERTAIN FIRST-TIME HOMEBUYERS.
Status: In committee, March 24, 2026
What the bill says
An act concerning property tax abatement for certain first-time homebuyers. assembly convened.
From the introduced text:
AN ACT CONCERNING PROPERTY TAX ABATEMENT FOR CERTAIN FIRST-TIME HOMEBUYERS. Assembly convened: Section 1. (NEW) (Effective October 1, 2026, and applicable to assessment years commencing on or after October 1, 2026) Any municipality may, upon approval by its legislative body or, in any town in which the legislative body is a town meeting, by the board of selectmen, abate up to five hundred dollars, for a period not exceeding five assessment years, the real property taxes due upon a residential property owned by a person who purchased such property with funds provided to qualified firsttime homebuyers by the Connecticut Housing Finance Authority and which property is encumbered by a mortgage in favor of the Connecticut Housing Finance Authority. For the purposes of this section, "residential property" means a single-family residential dwelling that is the principal residence of the owner of such property. This act shall take effect as follows and shall amend the following sections: LCO No. 1253 1 of Raised Bill No. 5284 Section 1 October 1, 2026, and New section applicable to assessment years commencing on or after October 1, 2026 Statement of Purpose: To authorize municipalities to abate up to five hundred dollars per assessment year of property taxes for certain first-time homebuyers who obtain a loan from the Connecticut Housing Finance Authority. [Proposed deletions are enclosed …
Sponsors
- Gary Turco (D, 27) · primary sponsor
- Tom Delnicki (R, 14)
- Brandon Chafee (D, 33)
- Antonio Felipe (D, 130)
Latest actions
- : File Number 135
- : House Calendar Number 115
- : Favorable Report, Tabled for the Calendar, House
- : Reported Out of Legislative Commissioners' Office
- : Referred to Office of Legislative Research and Office of Fiscal Analysis 03/23/26 5:00 PM
- : Filed with Legislative Commissioners' Office
- : Joint Favorable Substitute
- : Public Hearing 02/27
- : Referred to Joint Committee on Planning and Development
Votes
- PD Vote Tally Sheet (Joint Favorable Substitute) (March 6, 2026): 20 yea, 0 nay, passed
Subjects: Connecticut Housing Finance Authority (CHFA)
Common questions
- What is HB5284?
- HB5284 is a bill in the Connecticut Legislature (2026 General Assembly): AN ACT CONCERNING PROPERTY TAX ABATEMENT FOR CERTAIN FIRST-TIME HOMEBUYERS.
- What does HB5284 do?
- In its own words: An act concerning property tax abatement for certain first-time homebuyers. assembly convened.
- What is the status of HB5284?
- In committee as of March 24, 2026. Latest action: File Number 135 (March 24, 2026).
- Who sponsored HB5284?
- Gary Turco (D, 27), with 3 co-sponsors.
- Where is the official record for HB5284?
- On the Connecticut Legislature website: https://www.cga.ct.gov/asp/cgabillstatus/cgabillstatus.asp?selBillType=Bill&bill_num=HB05284&which_year=2026
Source: official Connecticut record. Tracked by Delilah, AI for legislation across all 50 states and Congress.