Bill Text: CT HB05099 | 2016 | General Assembly | Introduced

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Bill Title: An Act Phasing Out Personal Income Taxation On Pension Income And Social Security Benefits.

Spectrum: Partisan Bill (Republican 1-0)

Status: (Introduced - Dead) 2016-02-09 - Referred to Joint Committee on Finance, Revenue and Bonding [HB05099 Detail]

Download: Connecticut-2016-HB05099-Introduced.html

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General Assembly		Proposed Bill No. 5099
February Session, 2016		LCO No. 806
		*00806*
Referred to Committee on FINANCE, REVENUE AND BONDING
Introduced by:
REP. CARNEY, 23rd Dist.

AN ACT PHASING OUT PERSONAL INCOME TAXATION ON PENSION INCOME AND SOCIAL SECURITY BENEFITS.

Be it enacted by the Senate and House of Representatives in General Assembly convened:

That chapter 229 of the general statutes be amended to phase out the imposition of personal income taxation of pension income and Social Security benefits.

Statement of Purpose:

To phase out personal income taxation on pension and Social Security benefits in order to provide tax relief to senior citizens and make Connecticut competitive with other states.