Loading chat...

CT SB00736

Bill

Official Source

Status

Introduced

1/29/2021

Primary Sponsor

John Kissel

Click for details

Origin

Senate

2021 General Assembly

AI Summary

  • Amends chapter 229 of Connecticut general statutes to exempt pension payments from mandatory personal income tax withholding by payers
  • Allows pension recipients to elect tax withholding by submitting a CT-W4P withholding certificate to the pension payer
  • Makes tax withholding on pension payments optional rather than automatic unless the payee affirmatively requests it
  • Referred to Committee on Finance, Revenue and Bonding
  • Introduced by Senator Kissel, 7th District, during the January 2021 session

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

1/29/2021

Committee Referrals

Finance, Revenue and Bonding1/29/2021

Full Bill Text

No bill text available