Connecticut 2025 Regular Session

Connecticut Senate Bill SB00104 Compare Versions

Only one version of the bill is available at this time.
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33 LCO No. 775 1 of 1
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55 General Assembly Proposed Bill No. 104
66 January Session, 2025
77 LCO No. 775
88
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1010 Referred to Committee on FINANCE, REVENUE AND
1111 BONDING
1212
1313
1414 Introduced by:
1515 SEN. GORDON, 35th Dist.
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1919 AN ACT ESTABLISHING A CAP ON THE AGGREGATE AMOUNT OF
2020 PERSONAL INCOME TAX REVENUE THE STATE MAY COLLECT.
2121 Be it enacted by the Senate and House of Representatives in General
2222 Assembly convened:
2323
2424 That title 12 of the general statutes be amended to establish a cap on 1
2525 the amount of aggregate personal income tax revenue that the state may 2
2626 collect, with any amount collected in excess of such cap to be refunded 3
2727 to taxpayers on a pro rata basis. 4
2828 Statement of Purpose:
2929 To establish a cap on the amount of aggregate personal income tax
3030 revenue that the state may collect, with any amount collected in excess
3131 of such cap to be refunded to taxpayers on a pro rata basis.