Old | New | Differences | |
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1 | 1 | ||
2 | 2 | ||
3 | 3 | LCO No. 775 1 of 1 | |
4 | 4 | ||
5 | 5 | General Assembly Proposed Bill No. 104 | |
6 | 6 | January Session, 2025 | |
7 | 7 | LCO No. 775 | |
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 | SEN. GORDON, 35th Dist. | |
16 | 16 | ||
17 | 17 | ||
18 | 18 | ||
19 | 19 | AN ACT ESTABLISHING A CAP ON THE AGGREGATE AMOUNT OF | |
20 | 20 | PERSONAL INCOME TAX REVENUE THE STATE MAY COLLECT. | |
21 | 21 | Be it enacted by the Senate and House of Representatives in General | |
22 | 22 | Assembly convened: | |
23 | 23 | ||
24 | 24 | That title 12 of the general statutes be amended to establish a cap on 1 | |
25 | 25 | the amount of aggregate personal income tax revenue that the state may 2 | |
26 | 26 | collect, with any amount collected in excess of such cap to be refunded 3 | |
27 | 27 | to taxpayers on a pro rata basis. 4 | |
28 | 28 | Statement of Purpose: | |
29 | 29 | To establish a cap on the amount of aggregate personal income tax | |
30 | 30 | revenue that the state may collect, with any amount collected in excess | |
31 | 31 | of such cap to be refunded to taxpayers on a pro rata basis. |