Connecticut 2013 Regular Session

Connecticut Senate Bill SB00415 Compare Versions

Only one version of the bill is available at this time.
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11 General Assembly Proposed Bill No. 415
22 January Session, 2013 LCO No. 1347
33 Referred to Committee on FINANCE, REVENUE AND BONDING
44 Introduced by:
55 SEN. BOUCHER, 26th Dist.
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77 General Assembly
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99 Proposed Bill No. 415
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1111 January Session, 2013
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1313 LCO No. 1347
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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 SEN. BOUCHER, 26th Dist.
2020
2121 AN ACT CONCERNING THE PHASE-OUT OF TAXATION OF PENSION INCOME.
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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 chapter 229 of the general statutes be amended to phase out, over a four-year period, the income tax on all pension income, with the amount of tax due on pension income in each year decreasing by twenty-five per cent, until totally exempt.
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2727 Statement of Purpose:
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2929 To phase out the state taxation of pension income.