General Assembly Committee Bill No. 5026
February Session, 2016 LCO No. 3104
*03104HB05026FIN*
Referred to Committee on FINANCE, REVENUE AND BONDING
Introduced by:
(FIN)
General Assembly
Committee Bill No. 5026
February Session, 2016
LCO No. 3104
*03104HB05026FIN*
Referred to Committee on FINANCE, REVENUE AND BONDING
Introduced by:
(FIN)
AN ACT CONCERNING PARITY FOR SINGLE-FILERS UNDER THE PERSONAL INCOME TAX.
Be it enacted by the Senate and House of Representatives in General Assembly convened:
Section 1. Subdivision (2) of subsection (a) of section 12-702 of the 2016 supplement to the general statutes is repealed and the following is substituted in lieu thereof (Effective January 1, 2017, and applicable to taxable years commencing on or after January 1, 2017):
(2) For taxable years commencing on or after January 1, 2000, any person, other than a trust or estate, subject to the tax under this chapter for any taxable year who files under the federal income tax for such taxable year as an unmarried individual shall be entitled to a personal exemption in determining Connecticut taxable income for purposes of this chapter as follows:
(A) For taxable years commencing on or after January 1, 2000, but prior to January 1, 2001, twelve thousand two hundred fifty dollars. In the case of any such taxpayer whose Connecticut adjusted gross income for the taxable year exceeds twenty-four thousand five hundred dollars, the exemption amount shall be reduced by one thousand dollars for each one thousand dollars, or fraction thereof, by which the taxpayer's Connecticut adjusted gross income for the taxable year exceeds said amount. In no event shall the reduction exceed one hundred per cent of the exemption;
(B) For taxable years commencing on or after January 1, 2001, but prior to January 1, 2004, twelve thousand five hundred dollars. In the case of any such taxpayer whose Connecticut adjusted gross income for the taxable year exceeds twenty-five thousand dollars, the exemption amount shall be reduced by one thousand dollars for each one thousand dollars, or fraction thereof, by which the taxpayer's Connecticut adjusted gross income for the taxable year exceeds said amount. In no event shall the reduction exceed one hundred per cent of the exemption;
(C) For taxable years commencing on or after January 1, 2004, but prior to January 1, 2007, twelve thousand six hundred twenty-five dollars. In the case of any such taxpayer whose Connecticut adjusted gross income for the taxable year exceeds twenty-five thousand two hundred fifty dollars, the exemption amount shall be reduced by one thousand dollars for each one thousand dollars, or fraction thereof, by which the taxpayer's Connecticut adjusted gross income for the taxable year exceeds said amount. In no event shall the reduction exceed one hundred per cent of the exemption;
(D) For taxable years commencing on or after January 1, 2007, but prior to January 1, 2008, twelve thousand seven hundred fifty dollars. In the case of any such taxpayer whose Connecticut adjusted gross income for the taxable year exceeds twenty-five thousand five hundred dollars, the exemption amount shall be reduced by one thousand dollars for each one thousand dollars, or fraction thereof, by which the taxpayer's Connecticut adjusted gross income for the taxable year exceeds said amount. In no event shall the reduction exceed one hundred per cent of the exemption;
(E) For taxable years commencing on or after January 1, 2008, but prior to January 1, 2012, thirteen thousand dollars. In the case of any such taxpayer whose Connecticut adjusted gross income for the taxable year exceeds twenty-six thousand dollars, the exemption amount shall be reduced by one thousand dollars for each one thousand dollars, or fraction thereof, by which the taxpayer's Connecticut adjusted gross income for the taxable year exceeds said amount. In no event shall the reduction exceed one hundred per cent of the exemption;
(F) For taxable years commencing on or after January 1, 2012, but prior to January 1, 2013, thirteen thousand five hundred dollars. In the case of any such taxpayer whose Connecticut adjusted gross income for the taxable year exceeds twenty-seven thousand dollars, the exemption amount shall be reduced by one thousand dollars for each one thousand dollars, or fraction thereof, by which the taxpayer's Connecticut adjusted gross income for the taxable year exceeds said amount. In no event shall the reduction exceed one hundred per cent of the exemption;
(G) For taxable years commencing on or after January 1, 2013, but prior to January 1, 2014, fourteen thousand dollars. In the case of any such taxpayer whose Connecticut adjusted gross income for the taxable year exceeds twenty-eight thousand dollars, the exemption amount shall be reduced by one thousand dollars for each one thousand dollars, or fraction thereof, by which the taxpayer's Connecticut adjusted gross income for the taxable year exceeds said amount. In no event shall the reduction exceed one hundred per cent of the exemption;
(H) For taxable years commencing on or after January 1, 2014, but prior to January 1, 2016, fourteen thousand five hundred dollars. In the case of any such taxpayer whose Connecticut adjusted gross income for the taxable year exceeds twenty-nine thousand dollars, the exemption amount shall be reduced by one thousand dollars for each one thousand dollars, or fraction thereof, by which the taxpayer's Connecticut adjusted gross income for the taxable year exceeds said amount. In no event shall the reduction exceed one hundred per cent of the exemption;
(I) For taxable years commencing on or after January 1, 2016, but prior to January 1, 2017, fifteen thousand dollars. In the case of any such taxpayer whose Connecticut adjusted gross income for the taxable year exceeds thirty thousand dollars, the exemption amount shall be reduced by one thousand dollars for each one thousand dollars, or fraction thereof, by which the taxpayer's Connecticut adjusted gross income for the taxable year exceeds said amount. In no event shall the reduction exceed one hundred per cent of the exemption; [.]
(J) For taxable years commencing on or after January 1, 2017, but prior to January 1, 2018, fifteen thousand five hundred dollars. In the case of any such taxpayer whose Connecticut adjusted gross income for the taxable year exceeds thirty-one thousand dollars, the exemption amount shall be reduced by one thousand dollars for each one thousand dollars, or fraction thereof, by which the taxpayer's Connecticut adjusted gross income for the taxable year exceeds said amount. In no event shall the reduction exceed one hundred per cent of the exemption;
(K) For taxable years commencing on or after January 1, 2018, but prior to January 1, 2019, sixteen thousand dollars. In the case of any such taxpayer whose Connecticut adjusted gross income for the taxable year exceeds thirty-two thousand dollars, the exemption amount shall be reduced by one thousand dollars for each one thousand dollars, or fraction thereof, by which the taxpayer's Connecticut adjusted gross income for the taxable year exceeds said amount. In no event shall the reduction exceed one hundred per cent of the exemption;
(L) For taxable years commencing on or after January 1, 2019, but prior to January 1, 2020, sixteen thousand five hundred dollars. In the case of any such taxpayer whose Connecticut adjusted gross income for the taxable year exceeds thirty-three thousand dollars, the exemption amount shall be reduced by one thousand dollars for each one thousand dollars, or fraction thereof, by which the taxpayer's Connecticut adjusted gross income for the taxable year exceeds said amount. In no event shall the reduction exceed one hundred per cent of the exemption;
(M) For taxable years commencing on or after January 1, 2020, but prior to January 1, 2021, seventeen thousand dollars. In the case of any such taxpayer whose Connecticut adjusted gross income for the taxable year exceeds thirty-four thousand dollars, the exemption amount shall be reduced by one thousand dollars for each one thousand dollars, or fraction thereof, by which the taxpayer's Connecticut adjusted gross income for the taxable year exceeds said amount. In no event shall the reduction exceed one hundred per cent of the exemption;
(N) For taxable years commencing on or after January 1, 2021, but prior to January 1, 2022, seventeen thousand five hundred dollars. In the case of any such taxpayer whose Connecticut adjusted gross income for the taxable year exceeds thirty-five thousand dollars, the exemption amount shall be reduced by one thousand dollars for each one thousand dollars, or fraction thereof, by which the taxpayer's Connecticut adjusted gross income for the taxable year exceeds said amount. In no event shall the reduction exceed one hundred per cent of the exemption;
(O) For taxable years commencing on or after January 1, 2022, but prior to January 1, 2023, eighteen thousand dollars. In the case of any such taxpayer whose Connecticut adjusted gross income for the taxable year exceeds thirty-six thousand dollars, the exemption amount shall be reduced by one thousand dollars for each one thousand dollars, or fraction thereof, by which the taxpayer's Connecticut adjusted gross income for the taxable year exceeds said amount. In no event shall the reduction exceed one hundred per cent of the exemption;
(P) For taxable years commencing on or after January 1, 2023, but prior to January 1, 2024, eighteen thousand five hundred dollars. In the case of any such taxpayer whose Connecticut adjusted gross income for the taxable year exceeds thirty-seven thousand dollars, the exemption amount shall be reduced by one thousand dollars for each one thousand dollars, or fraction thereof, by which the taxpayer's Connecticut adjusted gross income for the taxable year exceeds said amount. In no event shall the reduction exceed one hundred per cent of the exemption;
(Q) For taxable years commencing on or after January 1, 2024, but prior to January 1, 2025, nineteen thousand dollars. In the case of any such taxpayer whose Connecticut adjusted gross income for the taxable year exceeds thirty-eight thousand dollars, the exemption amount shall be reduced by one thousand dollars for each one thousand dollars, or fraction thereof, by which the taxpayer's Connecticut adjusted gross income for the taxable year exceeds said amount. In no event shall the reduction exceed one hundred per cent of the exemption;
(R) For taxable years commencing on or after January 1, 2025, but prior to January 1, 2026, nineteen thousand five hundred dollars. In the case of any such taxpayer whose Connecticut adjusted gross income for the taxable year exceeds thirty-nine thousand dollars, the exemption amount shall be reduced by one thousand dollars for each one thousand dollars, or fraction thereof, by which the taxpayer's Connecticut adjusted gross income for the taxable year exceeds said amount. In no event shall the reduction exceed one hundred per cent of the exemption; and
(S) For taxable years commencing on or after January 1, 2026, twenty thousand dollars. In the case of any such taxpayer whose Connecticut adjusted gross income for the taxable year exceeds forty thousand dollars, the exemption amount shall be reduced by one thousand dollars for each one thousand dollars, or fraction thereof, by which the taxpayer's Connecticut adjusted gross income for the taxable year exceeds said amount. In no event shall the reduction exceed one hundred per cent of the exemption.
Sec. 2. Subparagraph (I) of subdivision (2) of subsection (a) of section 12-703 of the 2016 supplement to the general statutes is repealed and the following is substituted in lieu thereof (Effective January 1, 2017, and applicable to taxable years commencing on or after January 1, 2017):
(I) For taxable years commencing on or after January 1, 2016, but prior to January 1, 2017:
T1 Connecticut
T2 Adjusted Gross Income Amount of Credit
T3 Over $15,000 but
T4 not over $18,800 75%
T5 Over $18,800 but
T6 not over $19,300 70%
T7 Over $19,300 but
T8 not over $19,800 65%
T9 Over $19,800 but
T10 not over $20,300 60%
T11 Over $20,300 but
T12 not over $20,800 55%
T13 Over $20,800 but
T14 not over $21,300 50%
T15 Over $21,300 but
T16 not over $21,800 45%
T17 Over $21,800 but
T18 not over $22,300 40%
T19 Over $22,300 but
T20 not over $25,000 35%
T21 Over $25,000 but
T22 not over $25,500 30%
T23 Over $25,500 but
T24 not over $26,000 25%
T25 Over $26,000 but
T26 not over $26,500 20%
T27 Over $26,500 but
T28 not over $31,300 15%
T29 Over $31,300 but
T30 not over $31,800 14%
T31 Over $31,800 but
T32 not over $32,300 13%
T33 Over $32,300 but
T34 not over $32,800 12%
T35 Over $32,800 but
T36 not over $33,300 11%
T37 Over $33,300 but
T38 not over $60,000 10%
T39 Over $60,000 but
T40 not over $60,500 9%
T41 Over $60,500 but
T42 not over $61,000 8%
T43 Over $61,000 but
T44 not over $61,500 7%
T45 Over $61,500 but
T46 not over $62,000 6%
T47 Over $62,000 but
T48 not over $62,500 5%
T49 Over $62,500 but
T50 not over $63,000 4%
T51 Over $63,000 but
T52 not over $63,500 3%
T53 Over $63,500 but
T54 not over $64,000 2%
T55 Over $64,000 but
T56 not over $64,500 1%
T1
Connecticut
T2
Adjusted Gross Income
Amount of Credit
T3
Over $15,000 but
T4
not over $18,800
75%
T5
Over $18,800 but
T6
not over $19,300
70%
T7
Over $19,300 but
T8
not over $19,800
65%
T9
Over $19,800 but
T10
not over $20,300
60%
T11
Over $20,300 but
T12
not over $20,800
55%
T13
Over $20,800 but
T14
not over $21,300
50%
T15
Over $21,300 but
T16
not over $21,800
45%
T17
Over $21,800 but
T18
not over $22,300
40%
T19
Over $22,300 but
T20
not over $25,000
35%
T21
Over $25,000 but
T22
not over $25,500
30%
T23
Over $25,500 but
T24
not over $26,000
25%
T25
Over $26,000 but
T26
not over $26,500
20%
T27
Over $26,500 but
T28
not over $31,300
15%
T29
Over $31,300 but
T30
not over $31,800
14%
T31
Over $31,800 but
T32
not over $32,300
13%
T33
Over $32,300 but
T34
not over $32,800
12%
T35
Over $32,800 but
T36
not over $33,300
11%
T37
Over $33,300 but
T38
not over $60,000
10%
T39
Over $60,000 but
T40
not over $60,500
9%
T41
Over $60,500 but
T42
not over $61,000
8%
T43
Over $61,000 but
T44
not over $61,500
7%
T45
Over $61,500 but
T46
not over $62,000
6%
T47
Over $62,000 but
T48
not over $62,500
5%
T49
Over $62,500 but
T50
not over $63,000
4%
T51
Over $63,000 but
T52
not over $63,500
3%
T53
Over $63,500 but
T54
not over $64,000
2%
T55
Over $64,000 but
T56
not over $64,500
1%
Sec. 3. Subdivision (2) of subsection (a) of section 12-703 of the 2016 supplement to the general statutes is amended by adding subparagraphs (J) to (S), inclusive, as follows (Effective January 1, 2017, and applicable to taxable years commencing on or after January 1, 2017):
(NEW) (J) For taxable years commencing on or after January 1, 2017, but prior to January 1, 2018:
T57 Connecticut
T58 Adjusted Gross Income Amount of Credit
T59 Over $15,500 but
T60 not over $19,400 75%
T61 Over $19,400 but
T62 not over $19,900 70%
T63 Over $19,900 but
T64 not over $20,400 65%
T65 Over $20,400 but
T66 not over $20,900 60%
T67 Over $20,900 but
T68 not over $21,400 55%
T69 Over $21,400 but
T70 not over $21,900 50%
T71 Over $21,900 but
T72 not over $22,400 45%
T73 Over $22,400 but
T74 not over $22,900 40%
T75 Over $22,900 but
T76 not over $25,600 35%
T77 Over $25,600 but
T78 not over $26,100 30%
T79 Over $26,100 but
T80 not over $26,600 25%
T81 Over $26,600 but
T82 not over $27,100 20%
T83 Over $27,100 but
T84 not over $32,000 15%
T85 Over $32,000 but
T86 not over $32,500 14%
T87 Over $32,500 but
T88 not over $33,000 13%
T89 Over $33,000 but
T90 not over $33,500 12%
T91 Over $33,500 but
T92 not over $34,000 11%
T93 Over $34,000 but
T94 not over $61,000 10%
T95 Over $61,000 but
T96 not over $61,500 9%
T97 Over $61,500 but
T98 not over $62,000 8%
T99 Over $62,000 but
T100 not over $62,500 7%
T101 Over $62,500 but
T102 not over $63,000 6%
T103 Over $63,000 but
T104 not over $63,500 5%
T105 Over $63,500 but
T106 not over $64,000 4%
T107 Over $64,000 but
T108 not over $64,500 3%
T109 Over $64,500 but
T110 not over $65,000 2%
T111 Over $65,000 but
T112 not over $65,500 1%
T57
Connecticut
T58
Adjusted Gross Income
Amount of Credit
T59
Over $15,500 but
T60
not over $19,400
75%
T61
Over $19,400 but
T62
not over $19,900
70%
T63
Over $19,900 but
T64
not over $20,400
65%
T65
Over $20,400 but
T66
not over $20,900
60%
T67
Over $20,900 but
T68
not over $21,400
55%
T69
Over $21,400 but
T70
not over $21,900
50%
T71
Over $21,900 but
T72
not over $22,400
45%
T73
Over $22,400 but
T74
not over $22,900
40%
T75
Over $22,900 but
T76
not over $25,600
35%
T77
Over $25,600 but
T78
not over $26,100
30%
T79
Over $26,100 but
T80
not over $26,600
25%
T81
Over $26,600 but
T82
not over $27,100
20%
T83
Over $27,100 but
T84
not over $32,000
15%
T85
Over $32,000 but
T86
not over $32,500
14%
T87
Over $32,500 but
T88
not over $33,000
13%
T89
Over $33,000 but
T90
not over $33,500
12%
T91
Over $33,500 but
T92
not over $34,000
11%
T93
Over $34,000 but
T94
not over $61,000
10%
T95
Over $61,000 but
T96
not over $61,500
9%
T97
Over $61,500 but
T98
not over $62,000
8%
T99
Over $62,000 but
T100
not over $62,500
7%
T101
Over $62,500 but
T102
not over $63,000
6%
T103
Over $63,000 but
T104
not over $63,500
5%
T105
Over $63,500 but
T106
not over $64,000
4%
T107
Over $64,000 but
T108
not over $64,500
3%
T109
Over $64,500 but
T110
not over $65,000
2%
T111
Over $65,000 but
T112
not over $65,500
1%
(NEW) (K) For taxable years commencing on or after January 1, 2018, but prior to January 1, 2019:
T113 Connecticut
T114 Adjusted Gross Income Amount of Credit
T115 Over $16,000 but
T116 not over $20,000 75%
T117 Over $20,000 but
T118 not over $20,500 70%
T119 Over $20,500 but
T120 not over $21,000 65%
T121 Over $21,000 but
T122 not over $21,500 60%
T123 Over $21,500 but
T124 not over $22,000 55%
T125 Over $22,000 but
T126 not over $22,500 50%
T127 Over $22,500 but
T128 not over $23,000 45%
T129 Over $23,000 but
T130 not over $23,500 40%
T131 Over $23,500 but
T132 not over $26,300 35%
T133 Over $26,300 but
T134 not over $26,800 30%
T135 Over $26,800 but
T136 not over $27,300 25%
T137 Over $27,300 but
T138 not over $27,800 20%
T139 Over $27,800 but
T140 not over $32,800 15%
T141 Over $32,800 but
T142 not over $33,300 14%
T143 Over $33,300 but
T144 not over $33,800 13%
T145 Over $33,800 but
T146 not over $34,300 12%
T147 Over $34,300 but
T148 not over $34,800 11%
T149 Over $34,800 but
T150 not over $63,000 10%
T151 Over $63,000 but
T152 not over $63,500 9%
T153 Over $63,500 but
T154 not over $64,000 8%
T155 Over $64,000 but
T156 not over $64,500 7%
T157 Over $64,500 but
T158 not over $65,000 6%
T159 Over $65,000 but
T160 not over $65,500 5%
T161 Over $65,500 but
T162 not over $66,000 4%
T163 Over $66,000 but
T164 not over $66,500 3%
T165 Over $66,500 but
T166 not over $67,000 2%
T167 Over $67,000 but
T168 not over $67,500 1%
T113
Connecticut
T114
Adjusted Gross Income
Amount of Credit
T115
Over $16,000 but
T116
not over $20,000
75%
T117
Over $20,000 but
T118
not over $20,500
70%
T119
Over $20,500 but
T120
not over $21,000
65%
T121
Over $21,000 but
T122
not over $21,500
60%
T123
Over $21,500 but
T124
not over $22,000
55%
T125
Over $22,000 but
T126
not over $22,500
50%
T127
Over $22,500 but
T128
not over $23,000
45%
T129
Over $23,000 but
T130
not over $23,500
40%
T131
Over $23,500 but
T132
not over $26,300
35%
T133
Over $26,300 but
T134
not over $26,800
30%
T135
Over $26,800 but
T136
not over $27,300
25%
T137
Over $27,300 but
T138
not over $27,800
20%
T139
Over $27,800 but
T140
not over $32,800
15%
T141
Over $32,800 but
T142
not over $33,300
14%
T143
Over $33,300 but
T144
not over $33,800
13%
T145
Over $33,800 but
T146
not over $34,300
12%
T147
Over $34,300 but
T148
not over $34,800
11%
T149
Over $34,800 but
T150
not over $63,000
10%
T151
Over $63,000 but
T152
not over $63,500
9%
T153
Over $63,500 but
T154
not over $64,000
8%
T155
Over $64,000 but
T156
not over $64,500
7%
T157
Over $64,500 but
T158
not over $65,000
6%
T159
Over $65,000 but
T160
not over $65,500
5%
T161
Over $65,500 but
T162
not over $66,000
4%
T163
Over $66,000 but
T164
not over $66,500
3%
T165
Over $66,500 but
T166
not over $67,000
2%
T167
Over $67,000 but
T168
not over $67,500
1%
(NEW) (L) For taxable years commencing on or after January 1, 2019, but prior to January 1, 2020:
T169 Connecticut
T170 Adjusted Gross Income Amount of Credit
T171 Over $16,500 but
T172 not over $20,600 75%
T173 Over $20,600 but
T174 not over $21,100 70%
T175 Over $21,100 but
T176 not over $21,600 65%
T177 Over $21,600 but
T178 not over $22,100 60%
T179 Over $22,100 but
T180 not over $22,600 55%
T181 Over $22,600 but
T182 not over $23,100 50%
T183 Over $23,100 but
T184 not over $23,600 45%
T185 Over $23,600 but
T186 not over $24,100 40%
T187 Over $24,100 but
T188 not over $27,000 35%
T189 Over $27,000 but
T190 not over $27,500 30%
T191 Over $27,500 but
T192 not over $28,000 25%
T193 Over $28,000 but
T194 not over $28,500 20%
T195 Over $28,500 but
T196 not over $33,600 15%
T197 Over $33,600 but
T198 not over $34,100 14%
T199 Over $34,100 but
T200 not over $34,600 13%
T201 Over $34,600 but
T202 not over $35,100 12%
T203 Over $35,100 but
T204 not over $35,600 11%
T205 Over $35,600 but
T206 not over $64,000 10%
T207 Over $64,000 but
T208 not over $64,500 9%
T209 Over $64,500 but
T210 not over $65,000 8%
T211 Over $65,000 but
T212 not over $65,500 7%
T213 Over $65,500 but
T214 not over $66,000 6%
T215 Over $66,000 but
T216 not over $66,500 5%
T217 Over $66,500 but
T218 not over $67,000 4%
T219 Over $67,000 but
T220 not over $67,500 3%
T221 Over $67,500 but
T222 not over $68,000 2%
T223 Over $68,000 but
T224 not over $68,500 1%
T169
Connecticut
T170
Adjusted Gross Income
Amount of Credit
T171
Over $16,500 but
T172
not over $20,600
75%
T173
Over $20,600 but
T174
not over $21,100
70%
T175
Over $21,100 but
T176
not over $21,600
65%
T177
Over $21,600 but
T178
not over $22,100
60%
T179
Over $22,100 but
T180
not over $22,600
55%
T181
Over $22,600 but
T182
not over $23,100
50%
T183
Over $23,100 but
T184
not over $23,600
45%
T185
Over $23,600 but
T186
not over $24,100
40%
T187
Over $24,100 but
T188
not over $27,000
35%
T189
Over $27,000 but
T190
not over $27,500
30%
T191
Over $27,500 but
T192
not over $28,000
25%
T193
Over $28,000 but
T194
not over $28,500
20%
T195
Over $28,500 but
T196
not over $33,600
15%
T197
Over $33,600 but
T198
not over $34,100
14%
T199
Over $34,100 but
T200
not over $34,600
13%
T201
Over $34,600 but
T202
not over $35,100
12%
T203
Over $35,100 but
T204
not over $35,600
11%
T205
Over $35,600 but
T206
not over $64,000
10%
T207
Over $64,000 but
T208
not over $64,500
9%
T209
Over $64,500 but
T210
not over $65,000
8%
T211
Over $65,000 but
T212
not over $65,500
7%
T213
Over $65,500 but
T214
not over $66,000
6%
T215
Over $66,000 but
T216
not over $66,500
5%
T217
Over $66,500 but
T218
not over $67,000
4%
T219
Over $67,000 but
T220
not over $67,500
3%
T221
Over $67,500 but
T222
not over $68,000
2%
T223
Over $68,000 but
T224
not over $68,500
1%
(NEW) (M) For taxable years commencing on or after January 1, 2020, but prior to January 1, 2021:
T225 Connecticut
T226 Adjusted Gross Income Amount of Credit
T227 Over $17,000 but
T228 not over $21,300 75%
T229 Over $21,300 but
T230 not over $21,800 70%
T231 Over $21,800 but
T232 not over $22,300 65%
T233 Over $22,300 but
T234 not over $22,800 60%
T235 Over $22,800 but
T236 not over $23,300 55%
T237 Over $23,300 but
T238 not over $23,800 50%
T239 Over $23,800 but
T240 not over $24,300 45%
T241 Over $24,300 but
T242 not over $24,800 40%
T243 Over $24,800 but
T244 not over $27,800 35%
T245 Over $27,800 but
T246 not over $28,300 30%
T247 Over $28,300 but
T248 not over $28,800 25%
T249 Over $28,800 but
T250 not over $29,300 20%
T251 Over $29,300 but
T252 not over $34,600 15%
T253 Over $34,600 but
T254 not over $35,100 14%
T255 Over $35,100 but
T256 not over $35,600 13%
T257 Over $35,600 but
T258 not over $36,100 12%
T259 Over $36,100 but
T260 not over $36,600 11%
T261 Over $36,600 but
T262 not over $66,000 10%
T263 Over $66,000 but
T264 not over $66,500 9%
T265 Over $66,500 but
T266 not over $67,000 8%
T267 Over $67,000 but
T268 not over $67,500 7%
T269 Over $67,500 but
T270 not over $68,000 6%
T271 Over $68,000 but
T272 not over $68,500 5%
T273 Over $68,500 but
T274 not over $69,000 4%
T275 Over $69,000 but
T276 not over $69,500 3%
T277 Over $69,500 but
T278 not over $70,000 2%
T279 Over $70,000 but
T280 not over $70,500 1%
T225
Connecticut
T226
Adjusted Gross Income
Amount of Credit
T227
Over $17,000 but
T228
not over $21,300
75%
T229
Over $21,300 but
T230
not over $21,800
70%
T231
Over $21,800 but
T232
not over $22,300
65%
T233
Over $22,300 but
T234
not over $22,800
60%
T235
Over $22,800 but
T236
not over $23,300
55%
T237
Over $23,300 but
T238
not over $23,800
50%
T239
Over $23,800 but
T240
not over $24,300
45%
T241
Over $24,300 but
T242
not over $24,800
40%
T243
Over $24,800 but
T244
not over $27,800
35%
T245
Over $27,800 but
T246
not over $28,300
30%
T247
Over $28,300 but
T248
not over $28,800
25%
T249
Over $28,800 but
T250
not over $29,300
20%
T251
Over $29,300 but
T252
not over $34,600
15%
T253
Over $34,600 but
T254
not over $35,100
14%
T255
Over $35,100 but
T256
not over $35,600
13%
T257
Over $35,600 but
T258
not over $36,100
12%
T259
Over $36,100 but
T260
not over $36,600
11%
T261
Over $36,600 but
T262
not over $66,000
10%
T263
Over $66,000 but
T264
not over $66,500
9%
T265
Over $66,500 but
T266
not over $67,000
8%
T267
Over $67,000 but
T268
not over $67,500
7%
T269
Over $67,500 but
T270
not over $68,000
6%
T271
Over $68,000 but
T272
not over $68,500
5%
T273
Over $68,500 but
T274
not over $69,000
4%
T275
Over $69,000 but
T276
not over $69,500
3%
T277
Over $69,500 but
T278
not over $70,000
2%
T279
Over $70,000 but
T280
not over $70,500
1%
(NEW) (N) For taxable years commencing on or after January 1, 2021, but prior to January 1, 2022:
T281 Connecticut
T282 Adjusted Gross Income Amount of Credit
T283 Over $17,500 but
T284 not over $21,900 75%
T285 Over $21,900 but
T286 not over $22,400 70%
T287 Over $22,400 but
T288 not over $22,900 65%
T289 Over $22,900 but
T290 not over $23,400 60%
T291 Over $23,400 but
T292 not over $23,900 55%
T293 Over $23,900 but
T294 not over $24,400 50%
T295 Over $24,400 but
T296 not over $24,900 45%
T297 Over $24,900 but
T298 not over $25,400 40%
T299 Over $25,400 but
T300 not over $28,400 35%
T301 Over $28,400 but
T302 not over $28,900 30%
T303 Over $28,900 but
T304 not over $29,400 25%
T305 Over $29,400 but
T306 not over $29,900 20%
T307 Over $29,900 but
T308 not over $35,300 15%
T309 Over $35,300 but
T310 not over $35,800 14%
T311 Over $35,800 but
T312 not over $36,300 13%
T313 Over $36,300 but
T314 not over $36,800 12%
T315 Over $36,800 but
T316 not over $37,300 11%
T317 Over $37,300 but
T318 not over $67,000 10%
T319 Over $67,000 but
T320 not over $67,500 9%
T321 Over $67,500 but
T322 not over $68,000 8%
T323 Over $68,000 but
T324 not over $68,500 7%
T325 Over $68,500 but
T326 not over $69,000 6%
T327 Over $69,000 but
T328 not over $69,500 5%
T329 Over $69,500 but
T330 not over $70,000 4%
T331 Over $70,000 but
T332 not over $70,500 3%
T333 Over $70,500 but
T334 not over $71,000 2%
T335 Over $71,000 but
T336 not over $71,500 1%
T281
Connecticut
T282
Adjusted Gross Income
Amount of Credit
T283
Over $17,500 but
T284
not over $21,900
75%
T285
Over $21,900 but
T286
not over $22,400
70%
T287
Over $22,400 but
T288
not over $22,900
65%
T289
Over $22,900 but
T290
not over $23,400
60%
T291
Over $23,400 but
T292
not over $23,900
55%
T293
Over $23,900 but
T294
not over $24,400
50%
T295
Over $24,400 but
T296
not over $24,900
45%
T297
Over $24,900 but
T298
not over $25,400
40%
T299
Over $25,400 but
T300
not over $28,400
35%
T301
Over $28,400 but
T302
not over $28,900
30%
T303
Over $28,900 but
T304
not over $29,400
25%
T305
Over $29,400 but
T306
not over $29,900
20%
T307
Over $29,900 but
T308
not over $35,300
15%
T309
Over $35,300 but
T310
not over $35,800
14%
T311
Over $35,800 but
T312
not over $36,300
13%
T313
Over $36,300 but
T314
not over $36,800
12%
T315
Over $36,800 but
T316
not over $37,300
11%
T317
Over $37,300 but
T318
not over $67,000
10%
T319
Over $67,000 but
T320
not over $67,500
9%
T321
Over $67,500 but
T322
not over $68,000
8%
T323
Over $68,000 but
T324
not over $68,500
7%
T325
Over $68,500 but
T326
not over $69,000
6%
T327
Over $69,000 but
T328
not over $69,500
5%
T329
Over $69,500 but
T330
not over $70,000
4%
T331
Over $70,000 but
T332
not over $70,500
3%
T333
Over $70,500 but
T334
not over $71,000
2%
T335
Over $71,000 but
T336
not over $71,500
1%
(NEW) (O) For taxable years commencing on or after January 1, 2022, but prior to January 1, 2023:
T337 Connecticut
T338 Adjusted Gross Income Amount of Credit
T339 Over $18,000 but
T340 not over $22,500 75%
T341 Over $22,500 but
T342 not over $23,000 70%
T343 Over $23,000 but
T344 not over $23,500 65%
T345 Over $23,500 but
T346 not over $24,000 60%
T347 Over $24,000 but
T348 not over $24,500 55%
T349 Over $24,500 but
T350 not over $25,000 50%
T351 Over $25,000 but
T352 not over $25,500 45%
T353 Over $25,500 but
T354 not over $26,000 40%
T355 Over $26,000 but
T356 not over $29,100 35%
T357 Over $29,100 but
T358 not over $29,600 30%
T359 Over $29,600 but
T360 not over $30,100 25%
T361 Over $30,100 but
T362 not over $30,600 20%
T363 Over $30,600 but
T364 not over $36,100 15%
T365 Over $36,100 but
T366 not over $36,600 14%
T367 Over $36,600 but
T368 not over $37,100 13%
T369 Over $37,100 but
T370 not over $37,600 12%
T371 Over $37,600 but
T372 not over $38,100 11%
T373 Over $38,100 but
T374 not over $69,000 10%
T375 Over $69,000 but
T376 not over $69,500 9%
T377 Over $69,500 but
T378 not over $70,000 8%
T379 Over $70,000 but
T380 not over $70,500 7%
T381 Over $70,500 but
T382 not over $71,000 6%
T383 Over $71,000 but
T384 not over $71,500 5%
T385 Over $71,500 but
T386 not over $72,000 4%
T387 Over $72,000 but
T388 not over $72,500 3%
T389 Over $72,500 but
T390 not over $73,000 2%
T391 Over $73,000 but
T392 not over $73,500 1%
T337
Connecticut
T338
Adjusted Gross Income
Amount of Credit
T339
Over $18,000 but
T340
not over $22,500
75%
T341
Over $22,500 but
T342
not over $23,000
70%
T343
Over $23,000 but
T344
not over $23,500
65%
T345
Over $23,500 but
T346
not over $24,000
60%
T347
Over $24,000 but
T348
not over $24,500
55%
T349
Over $24,500 but
T350
not over $25,000
50%
T351
Over $25,000 but
T352
not over $25,500
45%
T353
Over $25,500 but
T354
not over $26,000
40%
T355
Over $26,000 but
T356
not over $29,100
35%
T357
Over $29,100 but
T358
not over $29,600
30%
T359
Over $29,600 but
T360
not over $30,100
25%
T361
Over $30,100 but
T362
not over $30,600
20%
T363
Over $30,600 but
T364
not over $36,100
15%
T365
Over $36,100 but
T366
not over $36,600
14%
T367
Over $36,600 but
T368
not over $37,100
13%
T369
Over $37,100 but
T370
not over $37,600
12%
T371
Over $37,600 but
T372
not over $38,100
11%
T373
Over $38,100 but
T374
not over $69,000
10%
T375
Over $69,000 but
T376
not over $69,500
9%
T377
Over $69,500 but
T378
not over $70,000
8%
T379
Over $70,000 but
T380
not over $70,500
7%
T381
Over $70,500 but
T382
not over $71,000
6%
T383
Over $71,000 but
T384
not over $71,500
5%
T385
Over $71,500 but
T386
not over $72,000
4%
T387
Over $72,000 but
T388
not over $72,500
3%
T389
Over $72,500 but
T390
not over $73,000
2%
T391
Over $73,000 but
T392
not over $73,500
1%
(NEW) (P) For taxable years commencing on or after January 1, 2023, but prior to January 1, 2024:
T393 Connecticut
T394 Adjusted Gross Income Amount of Credit
T395 Over $18,500 but
T396 not over $23,100 75%
T397 Over $23,100 but
T398 not over $23,600 70%
T399 Over $23,600 but
T400 not over $24,100 65%
T401 Over $24,100 but
T402 not over $24,600 60%
T403 Over $24,600 but
T404 not over $25,100 55%
T405 Over $25,100 but
T406 not over $25,600 50%
T407 Over $25,600 but
T408 not over $26,100 45%
T409 Over $26,100 but
T410 not over $26,600 40%
T411 Over $26,600 but
T412 not over $29,800 35%
T413 Over $29,800 but
T414 not over $30,300 30%
T415 Over $30,300 but
T416 not over $30,800 25%
T417 Over $30,800 but
T418 not over $31,300 20%
T419 Over $31,300 but
T420 not over $36,900 15%
T421 Over $36,900 but
T422 not over $37,400 14%
T423 Over $37,400 but
T424 not over $37,900 13%
T425 Over $37,900 but
T426 not over $38,400 12%
T427 Over $38,400 but
T428 not over $38,900 11%
T429 Over $38,900 but
T430 not over $70,000 10%
T431 Over $70,000 but
T432 not over $70,500 9%
T433 Over $70,500 but
T434 not over $71,000 8%
T435 Over $71,000 but
T436 not over $71,500 7%
T437 Over $71,500 but
T438 not over $72,000 6%
T439 Over $72,000 but
T440 not over $72,500 5%
T441 Over $72,500 but
T442 not over $73,000 4%
T443 Over $73,000 but
T444 not over $73,500 3%
T445 Over $73,500 but
T446 not over $74,000 2%
T447 Over $74,000 but
T448 not over $74,500 1%
T393
Connecticut
T394
Adjusted Gross Income
Amount of Credit
T395
Over $18,500 but
T396
not over $23,100
75%
T397
Over $23,100 but
T398
not over $23,600
70%
T399
Over $23,600 but
T400
not over $24,100
65%
T401
Over $24,100 but
T402
not over $24,600
60%
T403
Over $24,600 but
T404
not over $25,100
55%
T405
Over $25,100 but
T406
not over $25,600
50%
T407
Over $25,600 but
T408
not over $26,100
45%
T409
Over $26,100 but
T410
not over $26,600
40%
T411
Over $26,600 but
T412
not over $29,800
35%
T413
Over $29,800 but
T414
not over $30,300
30%
T415
Over $30,300 but
T416
not over $30,800
25%
T417
Over $30,800 but
T418
not over $31,300
20%
T419
Over $31,300 but
T420
not over $36,900
15%
T421
Over $36,900 but
T422
not over $37,400
14%
T423
Over $37,400 but
T424
not over $37,900
13%
T425
Over $37,900 but
T426
not over $38,400
12%
T427
Over $38,400 but
T428
not over $38,900
11%
T429
Over $38,900 but
T430
not over $70,000
10%
T431
Over $70,000 but
T432
not over $70,500
9%
T433
Over $70,500 but
T434
not over $71,000
8%
T435
Over $71,000 but
T436
not over $71,500
7%
T437
Over $71,500 but
T438
not over $72,000
6%
T439
Over $72,000 but
T440
not over $72,500
5%
T441
Over $72,500 but
T442
not over $73,000
4%
T443
Over $73,000 but
T444
not over $73,500
3%
T445
Over $73,500 but
T446
not over $74,000
2%
T447
Over $74,000 but
T448
not over $74,500
1%
(NEW) (Q) For taxable years commencing on or after January 1, 2024, but prior to January 1, 2025:
T449 Connecticut
T450 Adjusted Gross Income Amount of Credit
T451 Over $19,000 but
T452 not over $23,800 75%
T453 Over $23,800 but
T454 not over $24,300 70%
T455 Over $24,300 but
T456 not over $24,800 65%
T457 Over $24,800 but
T458 not over $25,300 60%
T459 Over $25,300 but
T460 not over $25,800 55%
T461 Over $25,800 but
T462 not over $26,300 50%
T463 Over $26,300 but
T464 not over $26,800 45%
T465 Over $26,800 but
T466 not over $27,300 40%
T467 Over $27,300 but
T468 not over $30,600 35%
T469 Over $30,600 but
T470 not over $31,100 30%
T471 Over $31,100 but
T472 not over $31,600 25%
T473 Over $31,600 but
T474 not over $32,100 20%
T475 Over $32,100 but
T476 not over $37,900 15%
T477 Over $37,900 but
T478 not over $38,400 14%
T479 Over $38,400 but
T480 not over $38,900 13%
T481 Over $38,900 but
T482 not over $39,400 12%
T483 Over $39,400 but
T484 not over $39,900 11%
T485 Over $39,900 but
T486 not over $72,000 10%
T487 Over $72,000 but
T488 not over $72,500 9%
T489 Over $72,500 but
T490 not over $73,000 8%
T491 Over $73,000 but
T492 not over $73,500 7%
T493 Over $73,500 but
T494 not over $74,000 6%
T495 Over $74,000 but
T496 not over $74,500 5%
T497 Over $74,500 but
T498 not over $75,000 4%
T499 Over $75,000 but
T500 not over $75,500 3%
T501 Over $75,500 but
T502 not over $76,000 2%
T503 Over $76,000 but
T504 not over $76,500 1%
T449
Connecticut
T450
Adjusted Gross Income
Amount of Credit
T451
Over $19,000 but
T452
not over $23,800
75%
T453
Over $23,800 but
T454
not over $24,300
70%
T455
Over $24,300 but
T456
not over $24,800
65%
T457
Over $24,800 but
T458
not over $25,300
60%
T459
Over $25,300 but
T460
not over $25,800
55%
T461
Over $25,800 but
T462
not over $26,300
50%
T463
Over $26,300 but
T464
not over $26,800
45%
T465
Over $26,800 but
T466
not over $27,300
40%
T467
Over $27,300 but
T468
not over $30,600
35%
T469
Over $30,600 but
T470
not over $31,100
30%
T471
Over $31,100 but
T472
not over $31,600
25%
T473
Over $31,600 but
T474
not over $32,100
20%
T475
Over $32,100 but
T476
not over $37,900
15%
T477
Over $37,900 but
T478
not over $38,400
14%
T479
Over $38,400 but
T480
not over $38,900
13%
T481
Over $38,900 but
T482
not over $39,400
12%
T483
Over $39,400 but
T484
not over $39,900
11%
T485
Over $39,900 but
T486
not over $72,000
10%
T487
Over $72,000 but
T488
not over $72,500
9%
T489
Over $72,500 but
T490
not over $73,000
8%
T491
Over $73,000 but
T492
not over $73,500
7%
T493
Over $73,500 but
T494
not over $74,000
6%
T495
Over $74,000 but
T496
not over $74,500
5%
T497
Over $74,500 but
T498
not over $75,000
4%
T499
Over $75,000 but
T500
not over $75,500
3%
T501
Over $75,500 but
T502
not over $76,000
2%
T503
Over $76,000 but
T504
not over $76,500
1%
(NEW) (R) For taxable years commencing on or after January 1, 2025, but prior to January 1, 2026:
T505 Connecticut
T506 Adjusted Gross Income Amount of Credit
T507 Over $19,500 but
T508 not over $24,400 75%
T509 Over $24,400 but
T510 not over $24,900 70%
T511 Over $24,900 but
T512 not over $25,400 65%
T513 Over $25,400 but
T514 not over $25,900 60%
T515 Over $25,900 but
T516 not over $26,400 55%
T517 Over $26,400 but
T518 not over $26,900 50%
T519 Over $26,900 but
T520 not over $27,400 45%
T521 Over $27,400 but
T522 not over $27,900 40%
T523 Over $27,900 but
T524 not over $31,200 35%
T525 Over $31,200 but
T526 not over $31,700 30%
T527 Over $31,700 but
T528 not over $32,200 25%
T529 Over $32,200 but
T530 not over $32,700 20%
T531 Over $32,700 but
T532 not over $38,600 15%
T533 Over $38,600 but
T534 not over $39,100 14%
T535 Over $39,100 but
T536 not over $39,600 13%
T537 Over $39,600 but
T538 not over $40,100 12%
T539 Over $40,100 but
T540 not over $40,600 11%
T541 Over $40,600 but
T542 not over $73,000 10%
T543 Over $73,000 but
T544 not over $73,500 9%
T545 Over $73,500 but
T546 not over $74,000 8%
T547 Over $74,000 but
T548 not over $74,500 7%
T549 Over $74,500 but
T550 not over $75,000 6%
T551 Over $75,000 but
T552 not over $75,500 5%
T553 Over $75,500 but
T554 not over $76,000 4%
T555 Over $76,000 but
T556 not over $76,500 3%
T557 Over $76,500 but
T558 not over $77,000 2%
T559 Over $77,000 but
T560 not over $77,500 1%
T505
Connecticut
T506
Adjusted Gross Income
Amount of Credit
T507
Over $19,500 but
T508
not over $24,400
75%
T509
Over $24,400 but
T510
not over $24,900
70%
T511
Over $24,900 but
T512
not over $25,400
65%
T513
Over $25,400 but
T514
not over $25,900
60%
T515
Over $25,900 but
T516
not over $26,400
55%
T517
Over $26,400 but
T518
not over $26,900
50%
T519
Over $26,900 but
T520
not over $27,400
45%
T521
Over $27,400 but
T522
not over $27,900
40%
T523
Over $27,900 but
T524
not over $31,200
35%
T525
Over $31,200 but
T526
not over $31,700
30%
T527
Over $31,700 but
T528
not over $32,200
25%
T529
Over $32,200 but
T530
not over $32,700
20%
T531
Over $32,700 but
T532
not over $38,600
15%
T533
Over $38,600 but
T534
not over $39,100
14%
T535
Over $39,100 but
T536
not over $39,600
13%
T537
Over $39,600 but
T538
not over $40,100
12%
T539
Over $40,100 but
T540
not over $40,600
11%
T541
Over $40,600 but
T542
not over $73,000
10%
T543
Over $73,000 but
T544
not over $73,500
9%
T545
Over $73,500 but
T546
not over $74,000
8%
T547
Over $74,000 but
T548
not over $74,500
7%
T549
Over $74,500 but
T550
not over $75,000
6%
T551
Over $75,000 but
T552
not over $75,500
5%
T553
Over $75,500 but
T554
not over $76,000
4%
T555
Over $76,000 but
T556
not over $76,500
3%
T557
Over $76,500 but
T558
not over $77,000
2%
T559
Over $77,000 but
T560
not over $77,500
1%
(NEW) (S) For taxable years commencing on or after January 1, 2026:
T561 Connecticut
T562 Adjusted Gross Income Amount of Credit
T563 Over $20,000 but
T564 not over $25,000 75%
T565 Over $25,000 but
T566 not over $25,500 70%
T567 Over $25,500 but
T568 not over $26,000 65%
T569 Over $26,000 but
T570 not over $26,500 60%
T571 Over $26,500 but
T572 not over $27,000 55%
T573 Over $27,000 but
T574 not over $27,500 50%
T575 Over $27,500 but
T576 not over $28,000 45%
T577 Over $28,000 but
T578 not over $28,500 40%
T579 Over $28,500 but
T580 not over $31,900 35%
T581 Over $31,900 but
T582 not over $32,400 30%
T583 Over $32,400 but
T584 not over $32,900 25%
T585 Over $32,900 but
T586 not over $33,400 20%
T587 Over $33,400 but
T588 not over $39,400 15%
T589 Over $39,400 but
T590 not over $39,900 14%
T591 Over $39,900 but
T592 not over $40,400 13%
T593 Over $40,400 but
T594 not over $40,900 12%
T595 Over $40,900 but
T596 not over $41,400 11%
T597 Over $41,400 but
T598 not over $75,000 10%
T599 Over $75,000 but
T600 not over $75,500 9%
T601 Over $75,500 but
T602 not over $76,000 8%
T603 Over $76,000 but
T604 not over $76,500 7%
T605 Over $76,500 but
T606 not over $77,000 6%
T607 Over $77,000 but
T608 not over $77,500 5%
T609 Over $77,500 but
T610 not over $78,000 4%
T611 Over $78,000 but
T612 not over $78,500 3%
T613 Over $78,500 but
T614 not over $79,000 2%
T615 Over $79,000 but
T616 not over $79,500 1%
T561
Connecticut
T562
Adjusted Gross Income
Amount of Credit
T563
Over $20,000 but
T564
not over $25,000
75%
T565
Over $25,000 but
T566
not over $25,500
70%
T567
Over $25,500 but
T568
not over $26,000
65%
T569
Over $26,000 but
T570
not over $26,500
60%
T571
Over $26,500 but
T572
not over $27,000
55%
T573
Over $27,000 but
T574
not over $27,500
50%
T575
Over $27,500 but
T576
not over $28,000
45%
T577
Over $28,000 but
T578
not over $28,500
40%
T579
Over $28,500 but
T580
not over $31,900
35%
T581
Over $31,900 but
T582
not over $32,400
30%
T583
Over $32,400 but
T584
not over $32,900
25%
T585
Over $32,900 but
T586
not over $33,400
20%
T587
Over $33,400 but
T588
not over $39,400
15%
T589
Over $39,400 but
T590
not over $39,900
14%
T591
Over $39,900 but
T592
not over $40,400
13%
T593
Over $40,400 but
T594
not over $40,900
12%
T595
Over $40,900 but
T596
not over $41,400
11%
T597
Over $41,400 but
T598
not over $75,000
10%
T599
Over $75,000 but
T600
not over $75,500
9%
T601
Over $75,500 but
T602
not over $76,000
8%
T603
Over $76,000 but
T604
not over $76,500
7%
T605
Over $76,500 but
T606
not over $77,000
6%
T607
Over $77,000 but
T608
not over $77,500
5%
T609
Over $77,500 but
T610
not over $78,000
4%
T611
Over $78,000 but
T612
not over $78,500
3%
T613
Over $78,500 but
T614
not over $79,000
2%
T615
Over $79,000 but
T616
not over $79,500
1%
This act shall take effect as follows and shall amend the following sections:
Section 1 January 1, 2017, and applicable to taxable years commencing on or after January 1, 2017 12-702(a)(2)
Sec. 2 January 1, 2017, and applicable to taxable years commencing on or after January 1, 2017 12-703(a)(2)(I)
Sec. 3 January 1, 2017, and applicable to taxable years commencing on or after January 1, 2017 12-703(a)(2)
This act shall take effect as follows and shall amend the following sections:
Section 1
January 1, 2017, and applicable to taxable years commencing on or after January 1, 2017
12-702(a)(2)
Sec. 2
January 1, 2017, and applicable to taxable years commencing on or after January 1, 2017
12-703(a)(2)(I)
Sec. 3
January 1, 2017, and applicable to taxable years commencing on or after January 1, 2017
12-703(a)(2)
Statement of Purpose:
To establish a ten-year plan to phase in an increase in the personal exemption for single-filers under the personal income tax.
[Proposed deletions are enclosed in brackets. Proposed additions are indicated by underline, except that when the entire text of a bill or resolution or a section of a bill or resolution is new, it is not underlined.]
Co-Sponsors: REP. JANOWSKI, 56th Dist.; REP. SERRA, 33rd Dist. REP. BOUKUS, 22nd Dist.; REP. SIMMONS, 144th Dist. REP. SCANLON, 98th Dist.; REP. ARCONTI, 109th Dist. REP. DEMICCO, 21st Dist.; REP. ZONI, 81st Dist. REP. GRESKO, 121st Dist.
Co-Sponsors:
REP. JANOWSKI, 56th Dist.; REP. SERRA, 33rd Dist.
REP. BOUKUS, 22nd Dist.; REP. SIMMONS, 144th Dist.
REP. SCANLON, 98th Dist.; REP. ARCONTI, 109th Dist.
REP. DEMICCO, 21st Dist.; REP. ZONI, 81st Dist.
REP. GRESKO, 121st Dist.
H.B. 5026