General Assembly Proposed Bill No. 5156
January Session, 2015 LCO No. 267
*00267*
Referred to Committee on FINANCE, REVENUE AND BONDING
Introduced by:
REP. O'DEA, 125th Dist.
General Assembly
Proposed Bill No. 5156
January Session, 2015
LCO No. 267
*00267*
Referred to Committee on FINANCE, REVENUE AND BONDING
Introduced by:
REP. O'DEA, 125th Dist.
AN ACT PHASING OUT THE PERSONAL INCOME TAX ON PENSIONS AND 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 phase out personal income taxes on pensions and Social Security income.
Statement of Purpose:
To phase out personal income taxes on pensions and Social Security income in order to provide tax relief to senior citizens and make Connecticut more competitive with other states.