General Assembly Proposed Bill No. 6140
January Session, 2017 LCO No. 2363
*02363*
Referred to Committee on FINANCE, REVENUE AND BONDING
Introduced by:
REP. REBIMBAS, 70th Dist.
General Assembly
Proposed Bill No. 6140
January Session, 2017
LCO No. 2363
*02363*
Referred to Committee on FINANCE, REVENUE AND BONDING
Introduced by:
REP. REBIMBAS, 70th Dist.
AN ACT PHASING IN A REDUCTION OF THE PERSONAL INCOME TAX RATE FOR CERTAIN FILERS.
Be it enacted by the Senate and House of Representatives in General Assembly convened:
That chapter 229 of the general statutes be amended by reducing, by one-tenth of one per cent each taxable year over a five-year period, the rate of personal income tax imposed on unmarried individuals with incomes of less than fifty thousand dollars and married individuals filing jointly with incomes of less than one hundred thousand dollars.
Statement of Purpose:
To phase in a reduction of the personal income tax rate for unmarried individuals with incomes of less than fifty thousand dollars and married individuals filing jointly with incomes of less than one hundred thousand dollars.