Bill Text: CT HB05486 | 2013 | General Assembly | Introduced
Bill Title: An Act Concerning The Income Tax Treatment Of Pension And Social Security Income.
Spectrum: Partisan Bill (Republican 1-0)
Status: (Introduced - Dead) 2013-01-22 - Referred to Joint Committee on Finance, Revenue and Bonding [HB05486 Detail]
Download: Connecticut-2013-HB05486-Introduced.html
General Assembly |
Proposed Bill No. 5486 |
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January Session, 2013 |
LCO No. 891 | ||||
Referred to Committee on FINANCE, REVENUE AND BONDING |
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Introduced by: |
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REP. PERILLO, 113th Dist. |
AN ACT CONCERNING THE INCOME TAX TREATMENT OF PENSION AND SOCIAL SECURITY INCOME.
Be it enacted by the Senate and House of Representatives in General Assembly convened:
That chapter 229 of the general statutes be amended to exempt income from pensions and Social Security from the personal income tax, up to a maximum amount of fifty thousand dollars in such income for individuals and one hundred thousand dollars for joint filers.
Statement of Purpose:
To remove a portion of pension and Social Security income from personal income tax calculations.