LCO No. 220 1 of 1
General Assembly Proposed Bill No. 119
January Session, 2025
LCO No. 220
Referred to Committee on FINANCE, REVENUE AND
BONDING
Introduced by:
SEN. CICARELLA, 34th Dist.
AN ACT ESTABLISHING A CHILD TAX CREDIT AGAINST THE
PERSONAL INCOME TAX.
Be it enacted by the Senate and House of Representatives in General
Assembly convened:
That chapter 229 of the general statutes be amended to establish a 1
child tax credit of five hundred dollars per child, for up to three children, 2
against the personal income tax for tax filers from an asset limited, 3
income constrained, employed household, as determined in the most 4
recent annual report by the United Way of Connecticut, provided such 5
tax filers (1) have a federal adjusted gross income of less than one 6
hundred thousand dollars for single filers or two hundred thousand 7
dollars for married individuals filing jointly, and (2) have, during the 8
applicable taxable year, earned a salary, wages, tips or other taxable 9
employee compensation and have been employed full-time for at least 10
nine months. 11
Statement of Purpose:
To establish a child tax credit of five hundred dollars per child, for up
to three children, against the personal income tax for certain tax filers
from an asset limited, income constrained, employed household.