General Assembly Proposed Bill No. 737
January Session, 2015 LCO No. 1246
*01246*
Referred to Committee on FINANCE, REVENUE AND BONDING
Introduced by:
SEN. KELLY, 21st Dist.
General Assembly
Proposed Bill No. 737
January Session, 2015
LCO No. 1246
*01246*
Referred to Committee on FINANCE, REVENUE AND BONDING
Introduced by:
SEN. KELLY, 21st Dist.
AN ACT EXEMPTING SOCIAL SECURITY AND PENSION BENEFIT INCOME FROM 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 exempt Social Security income and pension benefit income from the personal income tax.
Statement of Purpose:
To provide tax relief to taxpayers who receive Social Security income or pension benefit income by exempting such income from the personal income tax.