LCO No. 663 1 of 1
General Assembly Proposed Bill No. 123
January Session, 2025
LCO No. 663
Referred to Committee on FINANCE, REVENUE AND
BONDING
Introduced by:
SEN. FAZIO, 36
th Dist.
AN ACT REQUIRING THE INDEXING OF INCOME THRESHOLDS FOR
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 require that 1
income thresholds for the personal income tax be indexed to reflect the 2
rate of inflation. 3
Statement of Purpose:
To require that income thresholds for the personal income tax be
indexed to reflect the rate of inflation.