| Old | New | Differences | |
|---|---|---|---|
| 1 | 1 | ||
| 2 | 2 | ||
| 3 | 3 | LCO No. 2759 1 of 1 | |
| 4 | 4 | ||
| 5 | 5 | General Assembly Proposed Bill No. 203 | |
| 6 | 6 | January Session, 2019 | |
| 7 | 7 | LCO No. 2759 | |
| 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. LOGAN, 17th Dist. | |
| 16 | 16 | ||
| 17 | 17 | ||
| 18 | 18 | ||
| 19 | 19 | AN ACT COORDINATING THE RATE OF DEDUCTION AND | |
| 20 | 20 | WITHHOLDING OF PERSONAL INCOME TAX FROM PENSION | |
| 21 | 21 | PAYMENTS AND ANNUITY DISTRIBUTIONS WITH THE INCREASING | |
| 22 | 22 | DEDUCTION THRESHOLD FOR SUCH INCOME. | |
| 23 | 23 | Be it enacted by the Senate and House of Representatives in General | |
| 24 | 24 | Assembly convened: | |
| 25 | 25 | ||
| 26 | 26 | That the general statutes be amended to require the Department of 1 | |
| 27 | 27 | Revenue Services to coordinate the rate of deduction and withholding 2 | |
| 28 | 28 | of personal income tax with payers of pension payments and annuity 3 | |
| 29 | 29 | distributions, for payees eligible for the increasing deduction threshold 4 | |
| 30 | 30 | for pension or annuity income set forth in section 12-701 of the general 5 | |
| 31 | 31 | statutes, to eliminate any need for such payees to file subsequent CT-6 | |
| 32 | 32 | W4P withholding certificates to the payer. 7 | |
| 33 | 33 | Statement of Purpose: | |
| 34 | 34 | To require the Department of Revenue Services to coordinate the rate | |
| 35 | 35 | of deduction and withholding of personal income tax with payers of | |
| 36 | 36 | pension payments and annuity distributions, for payees eligible for the | |
| 37 | 37 | increasing deduction threshold for pension or annuity income. |