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CT SB00789
Bill
Status
Introduced
1/26/2015
Primary Sponsor
Kevin Kelly
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AI Summary
- Requires that one-half of any budget surplus be used to increase income levels for the personal exemption under the personal income tax
- Aims to provide tax relief to residents by broadening eligibility for the personal exemption
- Referred to the Committee on Finance, Revenue and Bonding
- Introduced by Senator Kelly of the 21st District during the January 2015 session
Legislative Description
An Act Providing For The Use Of One-half Of Any Budget Surplus To Broaden The Applicability Of The Personal Exemption Under The Personal Income Tax.
Last Action
Referred to Joint Committee on Finance, Revenue and Bonding
1/26/2015
Committee Referrals
Finance, Revenue and Bonding1/26/2015
Full Bill Text
No bill text available