Loading chat...

CT HB05019

Bill

Official Source

Status

Introduced

2/3/2016

Primary Sponsor

Sam Belsito

Click for details

Origin

House of Representatives

2016 General Assembly

AI Summary

  • Amends chapter 229 of Connecticut general statutes to exempt the first $50,000 of pension income from personal income tax
  • Targets retention of retired individuals in Connecticut by reducing tax burden on pension income
  • Addresses competition with states that do not tax pension income
  • Referred to Committee on Finance, Revenue and Bonding
  • Introduced by Rep. Belsito (53rd District) during February 2016 session

Legislative Description

An Act Exempting Certain Pension Income From The Personal Income Tax.

Last Action

Referred to Joint Committee on Finance, Revenue and Bonding

2/3/2016

Committee Referrals

Finance, Revenue and Bonding2/3/2016

Full Bill Text

No bill text available