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CT HB05037

Bill

Official Source

Status

Introduced

2/7/2024

Primary Sponsor

Martin Foncello

Click for details

Origin

House of Representatives

2024 General Assembly

AI Summary

  • Eliminates Connecticut's personal income tax on Social Security benefits for all recipients, regardless of income level
  • Eliminates the personal income tax on pension and annuity income for all recipients, regardless of income level
  • Repeals Connecticut's estate tax
  • Repeals Connecticut's gift tax
  • Amends Title 12 of the general statutes to implement these tax eliminations

Legislative Description

An Act Eliminating The Personal Income Tax On Social Security Benefits And Pension Or Annuity Income And The Estate And Gift Taxes.

Last Action

Referred to Joint Committee on Finance, Revenue and Bonding

2/7/2024

Committee Referrals

Finance, Revenue and Bonding2/7/2024

Full Bill Text

No bill text available