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CT SB00025

Bill

Official Source

Status

Introduced

2/13/2024

Primary Sponsor

Kevin Kelly

Click for details

Origin

Senate

2024 General Assembly

AI Summary

  • Creates a personal income tax credit equal to the amount of property taxes paid on a taxpayer's primary residence
  • Eligibility limited to taxpayers who are at least 70 years of age
  • Requires the taxpayer to reside in the residence full-time
  • Credit subject to certain income limits (specific thresholds to be determined)
  • Amends Chapter 229 of the Connecticut General Statutes (personal income tax provisions)

Legislative Description

An Act Establishing A Property Tax Credit Against The Personal Income Tax For Certain Seniors.

Last Action

Referred to Joint Committee on Finance, Revenue and Bonding

2/13/2024

Committee Referrals

Finance, Revenue and Bonding2/13/2024

Full Bill Text

No bill text available