General Assembly Proposed Bill No. 59
February Session, 2016 LCO No. 831
*00831*
Referred to Committee on FINANCE, REVENUE AND BONDING
Introduced by:
SEN. BOUCHER, 26th Dist.
General Assembly
Proposed Bill No. 59
February Session, 2016
LCO No. 831
*00831*
Referred to Committee on FINANCE, REVENUE AND BONDING
Introduced by:
SEN. BOUCHER, 26th Dist.
AN ACT REDUCING THE INCOME TAX RATE ON PENSION INCOME.
Be it enacted by the Senate and House of Representatives in General Assembly convened:
That chapter 229 of the general statutes be amended to reduce the personal income tax rate on pension income by two per cent.
Statement of Purpose:
To provide tax relief to seniors and retirees by lowering the tax rate on pensions.