Connecticut 2025 Regular Session

Connecticut House Bill HB05973 Compare Versions

Only one version of the bill is available at this time.
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33 LCO No. 3094 1 of 1
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55 General Assembly Proposed Bill No. 5973
66 January Session, 2025
77 LCO No. 3094
88
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1010 Referred to Committee on FINANCE, REVENUE AND
1111 BONDING
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1414 Introduced by:
1515 REP. PAOLILLO A., 97th Dist.
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1919 AN ACT CONCERNING THE PERSONAL INCOME TAX DEDUCTION
2020 FOR INCOME RECEIVED FROM THE STATE TEACHERS'
2121 RETIREMENT SYSTEM.
2222 Be it enacted by the Senate and House of Representatives in General
2323 Assembly convened:
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2525 That section 12-701 of the general statutes be amended to adjust the 1
2626 personal income tax deduction for income received from the state 2
2727 teachers' retirement system to allow taxpayers to deduct one hundred 3
2828 per cent of such income, regardless of the taxpayer's income level. 4
2929 Statement of Purpose:
3030 To adjust the personal income tax deduction for the income received
3131 from the state teachers' retirement system to allow taxpayers to deduct
3232 one hundred per cent of such income, regardless of the taxpayer's
3333 income level.