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CT HB07065

Bill

Official Source

Status

Introduced

2/1/2019

Primary Sponsor

Nicole Klarides-Ditria

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Origin

House of Representatives

2019 General Assembly

AI Summary

  • Amends Chapter 229 of the general statutes to exempt pension payments from mandatory personal income tax withholding by the payer
  • Pension income tax withholding only occurs if the payee voluntarily submits a CT-W4P withholding certificate to the payer
  • Changes current default withholding requirement to an opt-in system for pension recipients
  • Referred to Committee on Finance, Revenue and Bonding in the January 2019 session
  • Introduced by Rep. Klarides-Ditria of the 105th District

Legislative Description

An Act Concerning The Deduction And Withholding Of The Personal Income Tax From Pension Payments.

Last Action

Referred to Joint Committee on Finance, Revenue and Bonding

2/1/2019

Committee Referrals

Finance, Revenue and Bonding2/1/2019

Full Bill Text

No bill text available