Bill Text: CT SB00093 | 2017 | General Assembly | Introduced

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Bill Title: An Act Increasing The Maximum Allowable Credit Against The Personal Income Tax For A Primary Residence Or Motor Vehicle.

Spectrum: Partisan Bill (Republican 1-0)

Status: (Introduced - Dead) 2017-01-13 - Referred to Joint Committee on Finance, Revenue and Bonding [SB00093 Detail]

Download: Connecticut-2017-SB00093-Introduced.html

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General Assembly		Proposed Bill No. 93
January Session, 2017		LCO No. 1132
		*01132*
Referred to Committee on FINANCE, REVENUE AND BONDING
Introduced by:
SEN. MARTIN, 31st Dist.

AN ACT INCREASING THE MAXIMUM ALLOWABLE CREDIT AGAINST THE PERSONAL INCOME TAX FOR A PRIMARY RESIDENCE OR MOTOR VEHICLE.

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

That section 12-704c of the general statutes be amended to increase the maximum allowable credit against the personal income tax for a person's primary residence or motor vehicle to five hundred dollars.

Statement of Purpose:

To provide tax relief by increasing the maximum allowable credit against the personal income tax for a person's primary residence or motor vehicle to five hundred dollars.