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CT SB00771

Bill

Status

Introduced

1/19/2023

Primary Sponsor

Martin Looney

Click for details

Origin

Senate

2023 General Assembly

AI Summary

  • Establishes a refundable child tax credit against Connecticut's personal income tax of $250 per child for up to three children
  • Credit reduces by 10% for every $1,000 (or fraction thereof) of federal adjusted gross income exceeding income thresholds that vary by filing status
  • Income thresholds are $100,000 for unmarried individuals or married individuals filing separately, $160,000 for heads of household, and $200,000 for married individuals filing jointly
  • Amends chapter 229 of the general statutes
  • Referred to the Committee on Finance, Revenue and Bonding

Legislative Description

An Act Establishing A Refundable Child Tax Credit.

Last Action

Public Hearing 02/27

2/17/2023

Committee Referrals

Finance, Revenue and Bonding1/19/2023

Full Bill Text

No bill text available