CT HB05051

Amends Chapter 229 of the general statutes to remove penalties for under-withholding personal income tax for the 2011 taxable year (January 1, 2011 and forward).

Eliminates penalties specifically for taxpayers who did not withhold sufficient income tax due to complications from implementing a retroactive income tax increase.

Applies retroactively to tax year 2011 to provide relief from under-withholding penalties.