Old | New | Differences | |
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1 | 1 | ||
2 | 2 | ||
3 | 3 | LCO No. 3094 1 of 1 | |
4 | 4 | ||
5 | 5 | General Assembly Proposed Bill No. 5973 | |
6 | 6 | January Session, 2025 | |
7 | 7 | LCO No. 3094 | |
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. PAOLILLO A., 97th Dist. | |
16 | 16 | ||
17 | 17 | ||
18 | 18 | ||
19 | 19 | AN ACT CONCERNING THE PERSONAL INCOME TAX DEDUCTION | |
20 | 20 | FOR INCOME RECEIVED FROM THE STATE TEACHERS' | |
21 | 21 | RETIREMENT SYSTEM. | |
22 | 22 | Be it enacted by the Senate and House of Representatives in General | |
23 | 23 | Assembly convened: | |
24 | 24 | ||
25 | 25 | That section 12-701 of the general statutes be amended to adjust the 1 | |
26 | 26 | personal income tax deduction for income received from the state 2 | |
27 | 27 | teachers' retirement system to allow taxpayers to deduct one hundred 3 | |
28 | 28 | per cent of such income, regardless of the taxpayer's income level. 4 | |
29 | 29 | Statement of Purpose: | |
30 | 30 | To adjust the personal income tax deduction for the income received | |
31 | 31 | from the state teachers' retirement system to allow taxpayers to deduct | |
32 | 32 | one hundred per cent of such income, regardless of the taxpayer's | |
33 | 33 | income level. |