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

 

January Session, 2013

 

LCO No. 891

   

Referred to Committee on FINANCE, REVENUE AND BONDING

 

Introduced by:

 

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.

feedback