General Assembly Proposed Bill No. 5162 February Session, 2016 LCO No. 438 *00438* Referred to Committee on FINANCE, REVENUE AND BONDING Introduced by: REP. FERRARO, 117th Dist. General Assembly Proposed Bill No. 5162 February Session, 2016 LCO No. 438 *00438* Referred to Committee on FINANCE, REVENUE AND BONDING Introduced by: REP. FERRARO, 117th Dist. AN ACT REPEALING THE PERSONAL INCOME TAX ON PENSION PLANS. Be it enacted by the Senate and House of Representatives in General Assembly convened: That chapter 229 of the general statutes be amended to eliminate the personal income tax on income from pension plans. Statement of Purpose: To repeal the personal income tax on income from pension plans.