General Assembly Proposed Bill No. 5005
February Session, 2016 LCO No. 118
*00118*
Referred to Committee on FINANCE, REVENUE AND BONDING
Introduced by:
REP. SAMPSON, 80th Dist.
General Assembly
Proposed Bill No. 5005
February Session, 2016
LCO No. 118
*00118*
Referred to Committee on FINANCE, REVENUE AND BONDING
Introduced by:
REP. SAMPSON, 80th Dist.
AN ACT CONCERNING THE TAXATION OF SOCIAL SECURITY INCOME AND THE ELIMINATION OF THE EARNED INCOME TAX CREDIT.
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 from the personal income tax and eliminate the earned income tax credit.
Statement of Purpose:
To exempt Social Security income from the personal income tax and eliminate the earned income tax credit.