LCO No. 269 1 of 1
General Assembly Proposed Bill No. 113
January Session, 2025
LCO No. 269
Referred to Committee on FINANCE, REVENUE AND
BONDING
Introduced by:
SEN. SAMPSON, 16
th Dist.
AN ACT INCREASING THE AMOUNT OF THE PERSONAL INCOME
TAX DEDUCTION FOR CONTRIBUTIONS TO STATE -ESTABLISHED
529 QUALIFIED STATE TUITION PROGRAMS.
Be it enacted by the Senate and House of Representatives in General
Assembly convened:
That section 12-701a of the general statutes be amended to increase 1
the amount of the personal income tax deduction for contributions to 2
accounts for 529 qualified state tuition programs established and 3
maintained by the state, from five thousand dollars for individual 4
taxpayers to seven thousand five hundred dollars and from ten 5
thousand dollars for taxpayers filing a joint return to twelve thousand 6
five hundred dollars. 7
Statement of Purpose:
To increase the amount of the personal income tax deduction for
contributions to accounts for 529 qualified state tuition programs
established and maintained by the state.