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HB 6535

AN ACT INCREASING THE AMOUNT OF THE PROPERTY TAX EXEMPTION FOR FARM MACHINERY.

2025 Regular Session Introduced by Jason Perillo

Connecticut bill increases property tax exemption caps for farm machinery to reduce tax burden on agricultural operations and equipment investments.

REF. TO JOINT COMM. ON Planning and Development
#agriculturalmachinery #propertytaxexemptions
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Bill Summary · HB 6535

Legislative bill overview

HB 6535 proposes to increase the property tax exemption amount for farm machinery in Connecticut. The bill would allow agricultural operations to exempt a larger dollar value of their equipment and machinery from state property taxes. This is a straightforward tax relief measure targeting the agricultural sector.

Why is this important

Farm machinery represents a significant capital investment for agricultural businesses, and property tax obligations on equipment can impact farm profitability and competitiveness. Increasing the exemption threshold could reduce operational costs for farmers, potentially making Connecticut agriculture more economically viable and encouraging continued agricultural land use rather than development conversion.

Potential points of contention

  • Revenue impact: Increasing tax exemptions reduces municipal and state tax revenue, which may need to be offset through other revenue sources or budget cuts
  • Definition and scope: Disputes may arise over what qualifies as "farm machinery" versus general business equipment, and whether exemptions apply equally to all farm sizes
  • Equity concerns: Larger agricultural operations may benefit disproportionately from increased exemptions compared to small farms, and non-agricultural property owners may question preferential tax treatment for one industry

Compiled from official sources — confirm details with the bill’s official record.

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