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CT SB00039
Bill
AI Summary
- Amends Chapter 229 of the general statutes to require automatic annual adjustment of personal income tax bracket thresholds
- Income thresholds would be indexed to changes in the Consumer Price Index (CPI)
- Aims to prevent "bracket creep," where inflation pushes taxpayers into higher tax brackets without real income gains
- Introduced by Senator Fazio (36th District) and referred to the Finance, Revenue and Bonding Committee
Legislative Description
An Act Requiring The Indexing Of Income Thresholds For The Personal Income Tax.
Last Action
Referred to Joint Committee on Finance, Revenue and Bonding
2/4/2026
Committee Referrals
Finance, Revenue and Bonding2/4/2026
Full Bill Text
No bill text available