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CT SB00113

Bill

Official Source

Status

Introduced

1/18/2019

Primary Sponsor

Paul Formica

Click for details

Origin

Senate

2019 General Assembly

AI Summary

  • Requires the Commissioner of Revenue Services to waive penalties and interest for taxpayers who fail to pay estimated quarterly income tax in equal 25% portions of the required annual payment
  • Applies to Connecticut state income tax (amends title 12 of the general statutes)
  • Referred to Committee on Finance, Revenue and Bonding
  • Introduced by Senator Formica, 20th District, in the January 2019 session
  • Intended to provide tax relief for taxpayers with variable income levels throughout the year

Legislative Description

An Act Waiving Penalties And Interest Incurred For Failure To Pay Estimated Quarterly Income Tax Amounts In Equal Portions.

Last Action

Public Hearing 02/13

2/8/2019

Committee Referrals

Finance, Revenue and Bonding1/18/2019

Full Bill Text

No bill text available