General Assembly Proposed Bill No. 194
January Session, 2013 LCO No. 565
Referred to Committee on FINANCE, REVENUE AND BONDING
Introduced by:
SEN. WITKOS, 8th Dist.
General Assembly
Proposed Bill No. 194
January Session, 2013
LCO No. 565
Referred to Committee on FINANCE, REVENUE AND BONDING
Introduced by:
SEN. WITKOS, 8th Dist.
AN ACT EXEMPTING SOCIAL SECURITY AND PENSIONS FROM PERSONAL INCOME TAX.
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 income received from (1) Social Security benefits, (2) pensions received from an in-state employer, and (3) pensions received from an employer in another state, provided such other state also exempts from income tax pensions received from Connecticut employers.
Statement of Purpose:
To eliminate the income tax on pensions and Social Security income.