General Assembly Proposed Bill No. 375
January Session, 2015 LCO No. 2037
*02037*
Referred to Committee on FINANCE, REVENUE AND BONDING
Introduced by:
SEN. MARTIN, 31st Dist.
General Assembly
Proposed Bill No. 375
January Session, 2015
LCO No. 2037
*02037*
Referred to Committee on FINANCE, REVENUE AND BONDING
Introduced by:
SEN. MARTIN, 31st Dist.
AN ACT CONCERNING THE MAXIMUM PROPERTY TAX CREDIT ALLOWED UNDER THE 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 restore the maximum amount of credit under the personal income tax for property tax paid on a taxpayer's primary residence or motor vehicle to the amount of five hundred dollars.
Statement of Purpose:
To provide tax relief to families by restoring the maximum property tax credit under the personal income tax to five hundred dollars.