| Old | New | Differences | |
|---|---|---|---|
| 1 | 1 | ||
| 2 | 2 | ||
| 3 | 3 | LCO No. 1663 1 of 1 | |
| 4 | 4 | ||
| 5 | 5 | General Assembly Proposed Bill No. 5857 | |
| 6 | 6 | January Session, 2021 | |
| 7 | 7 | LCO No. 1663 | |
| 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 | REP. KAVROS DEGRAW, 17th Dist. | |
| 16 | 16 | ||
| 17 | 17 | ||
| 18 | 18 | ||
| 19 | 19 | AN ACT PHASING OUT THE PERSONAL INCOME TAX ON CERTAIN | |
| 20 | 20 | INDIVIDUAL RETIREMENT ACCOUNT INCOME. | |
| 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 phase out the personal 1 | |
| 25 | 25 | income tax on income from traditional, simplified employee pension 2 | |
| 26 | 26 | and savings incentive match plan individual retirement accounts, in the 3 | |
| 27 | 27 | same fashion and over a similar period as the phase-out of personal 4 | |
| 28 | 28 | income tax on pension and annuity income, commencing in the taxable 5 | |
| 29 | 29 | year commencing January 1, 2021. 6 | |
| 30 | 30 | Statement of Purpose: | |
| 31 | 31 | To phase out the personal income tax on certain individual retirement | |
| 32 | 32 | account income. |