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CT HB05041

Bill

Official Source

Status

Introduced

2/10/2020

Primary Sponsor

Stephen Harding

Click for details

Origin

House of Representatives

2020 General Assembly

AI Summary

  • Amends section 12-701 of the 2020 supplement to the general statutes to establish a personal income tax deduction for deposits made to an Achieving a Better Life Experience (ABLE) account

  • Allows taxpayers to deduct contributions they make to ABLE accounts from their Connecticut personal income tax liability

  • Referred to the Committee on Finance, Revenue and Bonding

  • Introduced by Representative Harding of the 107th District during the February 2020 legislative session

Legislative Description

An Act Establishing An Income Tax Deduction For Able Account Deposits.

Last Action

Referred to Joint Committee on Finance, Revenue and Bonding

2/10/2020

Committee Referrals

Finance, Revenue and Bonding2/10/2020

Full Bill Text

No bill text available