General Assembly Proposed Bill No. 5339
January Session, 2015 LCO No. 605
*00605*
Referred to Committee on FINANCE, REVENUE AND BONDING
Introduced by:
REP. LAVIELLE, 143rd Dist.
General Assembly
Proposed Bill No. 5339
January Session, 2015
LCO No. 605
*00605*
Referred to Committee on FINANCE, REVENUE AND BONDING
Introduced by:
REP. LAVIELLE, 143rd Dist.
AN ACT PHASING OUT THE PERSONAL INCOME TAXATION OF PENSION 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 the personal income taxation of pension income.
Statement of Purpose:
To phase out the personal income taxation of pension income in order to provide tax relief to senior citizens and make Connecticut's tax rates more competitive with other states.