General Assembly Proposed Bill No. 48 February Session, 2012 LCO No. 450 Referred to Committee on Finance, Revenue and Bonding Introduced by: SEN. KELLY, 21st Dist. General Assembly Proposed Bill No. 48 February Session, 2012 LCO No. 450 Referred to Committee on Finance, Revenue and Bonding Introduced by: SEN. KELLY, 21st Dist. AN ACT CONCERNING AN EXEMPTION FROM INCOME TAX FOR ALL 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 from the personal income tax all Social Security payments. Statement of Purpose: To exempt Social Security income from state income tax.