General Assembly Proposed Bill No. 6089
January Session, 2013 LCO No. 2514
Referred to Committee on FINANCE, REVENUE AND BONDING
Introduced by:
REP. WRIGHT E., 41st Dist.
General Assembly
Proposed Bill No. 6089
January Session, 2013
LCO No. 2514
Referred to Committee on FINANCE, REVENUE AND BONDING
Introduced by:
REP. WRIGHT E., 41st Dist.
AN ACT CONCERNING A CREDIT AGAINST THE PERSONAL INCOME TAX FOR PROPERTY TAXES THAT EXCEED FOUR PER CENT OF A HOMEOWNER'S 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 provide a refundable credit against the personal income tax to a homeowner for that portion of property taxes paid on the primary residence that exceeds four per cent of the homeowner's household income.
Statement of Purpose:
To provide a refundable credit for the amount of property taxes paid that exceeds four per cent of a homeowner's income.