[Adopted 10-27-2015 by Ord. No. 608]
Editor's Note: This ordinance also repealed former Article III, Exemption for Senior Citizens and Disabled Persons, adopted 1-26-1993 by Ord. No. 412.
The Town of Wallingford hereby enacts a real estate property tax deferral program for homeowners who are 65 years of age or older or who are permanently and totally disabled pursuant to the authority of § 12-129n of the General Statutes, commencing with the taxes due on the Grand List of October 1, 1992.
Any person who has qualified for the State of Connecticut tax relief program for certain elderly or totally disabled homeowners pursuant to §§ 12-170aa and 12-129b of the General Statutes and is currently receiving property tax relief under said sections shall be eligible for and qualify for deferral of property taxes under this article upon proper application as hereinafter provided.
The qualified homeowner must own and occupy, as his or her primary residence, the property for at least one year immediately preceding the first year of the deferment.
The qualified homeowner must occupy the residence more than 183 days of each calendar year.
Total deferment, for all years, shall not exceed 50% of the assessed value of the property.
No application shall be granted to any person who, at the time of the application, owes delinquent real estate taxes to the Town of Wallingford.
Any homeowner entitled to property tax deferral benefits under this article shall make application biennially for such deferral to the Assessor and, upon approval, shall execute an Agreement for Tax Deferral between February 1 and the 15th day of May of the Grand List year in which the deferral is to begin.
The tax deferred for any qualified homeowner shall be 100% of the property tax owed after reductions for relief granted pursuant to said §§ 12-170aa and 12-129b of the General Statutes and for any other statutory credits against or exemptions from the property tax that may be due the homeowner. The deferred taxes shall not be subject to interest except as hereinafter provided.
The deferred taxes shall be due and payable as follows:
Upon the transfer, assignment or sale of the property (except as to a qualifying spouse), the taxes are due and payable. Delinquent interest begins to accrue from the date of such transfer, assignment or sale if not paid on such date.
Upon the death of the qualified homeowner, or, if the homeowner no longer occupies the property as a primary residence, the deferral shall terminate (except as to a qualifying spouse) and the taxes deferred shall be due and payable as set forth herein. The taxes deferred shall be payable without interest within nine months of the death or date of ineligibility. If not paid within nine months, the deferred taxes shall become delinquent and interest shall begin to accrue.
Taxes deferred shall be subject to a lien for that part of the taxes which have been deferred, including any interest. Such lien shall exist from the first day of October in the year previous to that in which the first installment of the tax would have become due and payable, but for deferral under this article, and continue in existence until paid.