| Old | New | Differences | |
|---|---|---|---|
| 1 | 1 | ||
| 2 | 2 | ||
| 3 | 3 | LCO No. 2115 1 of 1 | |
| 4 | 4 | ||
| 5 | 5 | General Assembly Proposed Bill No. 5550 | |
| 6 | 6 | January Session, 2025 | |
| 7 | 7 | LCO No. 2115 | |
| 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. CARNEY, 23 | |
| 16 | 16 | rd Dist. | |
| 17 | 17 | ||
| 18 | 18 | ||
| 19 | 19 | ||
| 20 | 20 | ||
| 21 | 21 | ||
| 22 | 22 | AN ACT CONCERNING THE QUALIFYING INCOME THRESHOLDS | |
| 23 | 23 | FOR CERTAIN PERSONAL INCOME TAX DEDUCTIONS FOR | |
| 24 | 24 | MARRIED INDIVIDUALS FILING JOINTLY. | |
| 25 | 25 | Be it enacted by the Senate and House of Representatives in General | |
| 26 | 26 | Assembly convened: | |
| 27 | 27 | ||
| 28 | 28 | That section 12-701 of the general statutes be amended to increase, for 1 | |
| 29 | 29 | married individuals filing jointly, the qualifying income thresholds for 2 | |
| 30 | 30 | the personal income tax deductions for Social Security benefits, pension 3 | |
| 31 | 31 | and annuity income and distributions to less than one hundred fifty 4 | |
| 32 | 32 | thousand dollars, and adjust the applicable phase-outs to two hundred 5 | |
| 33 | 33 | thousand dollars. 6 | |
| 34 | 34 | Statement of Purpose: | |
| 35 | 35 | To increase, for married individuals filing jointly, the qualifying income | |
| 36 | 36 | thresholds for the personal income tax deductions for Social Security | |
| 37 | 37 | benefits, pension and annuity income and distributions and adjust the | |
| 38 | 38 | applicable phase-outs accordingly. |