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CT HB05857

Bill

Official Source

Status

Introduced

1/24/2011

Primary Sponsor

Susan Johnson

Click for details

Origin

House of Representatives

2011 General Assembly

AI Summary

  • Increases the personal income tax rate by 1% for individuals earning $500,000 or more per year
  • Decreases the personal income tax rate by 0.5% for individuals earning $30,000 or less per year
  • Amends Chapter 229 of the General Statutes regarding income tax rates
  • Aims to increase progressivity in the state's income tax system
  • Referred to Committee on Finance, Revenue and Bonding

Legislative Description

An Act Concerning Adjustments To The Personal Income Tax Rate.

Last Action

Referred to Joint Committee on Finance, Revenue and Bonding

1/24/2011

Committee Referrals

Finance, Revenue and Bonding1/24/2011

Full Bill Text

No bill text available