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CT SB00074

Bill

Official Source

Status

Introduced

1/12/2023

Primary Sponsor

Stephen Harding

Click for details

Origin

Senate

2023 General Assembly

AI Summary

  • Amends Connecticut General Statutes section 12-701 to create a personal income tax deduction for deposits made to Achieving a Better Life Experience (ABLE) accounts
  • Allows taxpayers to deduct ABLE account contributions from their Connecticut personal income tax liability
  • Referred to the Committee on Finance, Revenue and Bonding
  • Introduced by Senator Harding (30th District) in the January 2023 legislative session

Legislative Description

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

Last Action

Public Hearing 02/22

2/17/2023

Committee Referrals

Finance, Revenue and Bonding1/12/2023

Full Bill Text

No bill text available