| Old | New | Differences | |
|---|---|---|---|
| 1 | 1 | ||
| 2 | 2 | ||
| 3 | 3 | LCO No. 1593 1 of 1 | |
| 4 | 4 | ||
| 5 | 5 | General Assembly Proposed Bill No. 166 | |
| 6 | 6 | January Session, 2019 | |
| 7 | 7 | LCO No. 1593 | |
| 8 | 8 | ||
| 9 | 9 | ||
| 10 | 10 | Referred to Committee on FINANCE, REVENUE AND | |
| 11 | 11 | BONDING | |
| 12 | 12 | ||
| 13 | 13 | ||
| 14 | 14 | Introduced by: | |
| 15 | 15 | SEN. SAMPSON, 16th Dist. | |
| 16 | 16 | ||
| 17 | 17 | ||
| 18 | 18 | ||
| 19 | 19 | AN ACT ESTABLISHING A CREDIT AGAINST THE PERSONAL | |
| 20 | 20 | INCOME TAX FOR THE PURCHASE OF GUN SAFES. | |
| 21 | 21 | Be it enacted by the Senate and House of Representatives in General | |
| 22 | 22 | Assembly convened: | |
| 23 | 23 | ||
| 24 | 24 | That the general statutes be amended to provide that (1) any 1 | |
| 25 | 25 | taxpayer who is subject to the personal income tax imposed under 2 | |
| 26 | 26 | chapter 229 of the general statutes for any taxable year shall be allowed 3 | |
| 27 | 27 | a credit against the tax otherwise due under said chapter in an amount 4 | |
| 28 | 28 | equal to the price paid by such taxpayer for a new safe that (A) is 5 | |
| 29 | 29 | specifically manufactured to store firearms, (B) is constructed of steel 6 | |
| 30 | 30 | or a material of equal or greater strength, (C) has a combination or key 7 | |
| 31 | 31 | lock listed by Underwriters Laboratories, and (D) is for the personal, 8 | |
| 32 | 32 | noncommercial use of the taxpayer, provided such credit shall not 9 | |
| 33 | 33 | exceed one hundred fifty dollars; and (2) if the amount of such credit 10 | |
| 34 | 34 | exceeds the taxpayer's liability for the tax imposed under chapter 229 11 | |
| 35 | 35 | of the general statutes, the excess shall expire and shall not be 12 | |
| 36 | 36 | refundable. 13 | |
| 37 | 37 | Statement of Purpose: | |
| 38 | 38 | To establish a nonrefundable personal income tax credit of up to one | |
| 39 | 39 | hundred fifty dollars for the purchase of gun safes for personal use. |