LCO No. 359 1 of 1
General Assembly Proposed Bill No. 5696
January Session, 2019
LCO No. 359
Referred to Committee on FINANCE, REVENUE AND
BONDING
Introduced by:
REP. CARNEY, 23rd Dist.
AN ACT CONCERNING THE DEDUCTION AND WITHHOLDING OF
PERSONAL INCOME TAX FROM PENSION PAYMENTS AND
ANNUITY DISTRIBUTIONS.
Be it enacted by the Senate and House of Representatives in General
Assembly convened:
That section 12-705 of the general statutes be amended to exempt 1
pension payments and annuity distributions from the deduction and 2
withholding of personal income tax from such payments or 3
distributions by the payer. 4
Statement of Purpose:
To exempt pension payments and annuity distributions from the
deduction and withholding of personal income tax from such
payments or distributions by the payer.