LCO No. 2046 1 of 1 General Assembly Proposed Bill No. 738 January Session, 2021 LCO No. 2046 Referred to Committee on FINANCE, REVENUE AND BONDING Introduced by: SEN. KELLY, 21 st Dist. SEN. FORMICA, 20 th Dist. AN ACT INCREASING THE PROPERTY TAX CREDIT. Be it enacted by the Senate and House of Representatives in General Assembly convened: That section 12-704c of the general statutes be amended to increase 1 the amount of the credit against the personal income tax for taxes paid 2 on a primary residence or motor vehicle. 3 Statement of Purpose: To increase the amount of the credit against the personal income tax for taxes paid on a primary residence or motor vehicle.