Connecticut 2011 Regular Session

Connecticut House Bill HB05703 Compare Versions

Only one version of the bill is available at this time.
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11 General Assembly Proposed Bill No. 5703
22 January Session, 2011 LCO No. 2128
33 Referred to Committee on Finance, Revenue and Bonding
44 Introduced by:
55 REP. O'BRIEN T., 24th Dist.
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77 General Assembly
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99 Proposed Bill No. 5703
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1111 January Session, 2011
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1313 LCO No. 2128
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1515 Referred to Committee on Finance, Revenue and Bonding
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1717 Introduced by:
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1919 REP. O'BRIEN T., 24th Dist.
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2121 AN ACT CONCERNING A REFUNDABLE PROPERTY TAX CREDIT.
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2323 Be it enacted by the Senate and House of Representatives in General Assembly convened:
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2525 That the general statutes be amended to provide that the property tax credit is refundable to the extent such credit is larger than the taxpayer's income tax liability
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2727 Statement of Purpose:
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2929 To make the property tax credit refundable, so that it benefits taxpayers whose incomes are too low to take all of the credit they are owed.