CT HB05402

Establish a one-time personal income tax credit for purchases of energy-efficient homes (defined as homes with Home Energy Rating System Index score of 60 or less) for taxable years 2022-2025.

Credit amounts are $2,500 for unmarried filers, married filing separately, or head of household status, and $5,000 for married couples filing jointly.

Require that the energy-efficient home be occupied as the purchaser's primary residence for at least three years after purchase, verified by property tax records, and not purchased from a family member.

Allow unused credits to be carried forward for up to five succeeding taxable years; if the home ceases to be a primary residence within three years, the purchaser must repay a prorated portion of the credit based on actual occupancy time.

Require purchasers to claim the credit in the year of purchase and provide certification to the Commissioner of Revenue Services confirming compliance with residency and purchase requirements.