Connecticut 2025 Regular Session

Connecticut Senate Bill SB00128

Introduced
1/8/25  

Caption

An Act Concerning The Inclusion Of Certain Additional Data In The Tax Incidence Report.

Impact

Should SB00128 be enacted, it will provide a more nuanced view of property tax burdens across different income classes in the state. By requiring deidentified data, this bill aims to preserve taxpayer anonymity while still enhancing transparency in tax reporting. The inclusion of such data could help both policymakers and the general public better understand the impacts of property taxes on various demographics, potentially informing future tax policy decisions.

Summary

SB00128 proposes an amendment to section 12-7c of the general statutes to mandate that the Department of Revenue Services include additional data in the tax incidence report. Specifically, the bill aims to incorporate a deidentified sampling of taxpayers from each income class along with their corresponding property tax burdens. This legislative effort seeks to improve the quality and accessibility of data related to taxation within the state.

Contention

The introduction of SB00128 may lead to discussions regarding the effectiveness and necessity of additional data in tax incidence reporting. Proponents might argue that such data is crucial for crafting equitable tax policies, as it provides visibility into how different income classes are affected by property taxation. Conversely, opponents may raise concerns about the administrative burden of gathering and processing this data, as well as the potential implications on privacy, even with the use of deidentified sampling.

Companion Bills

No companion bills found.

Previously Filed As

CT HB06934

An Act Making Adjustments To The Personal Income And The Earned Income Tax Credit And Concerning The Human Capital Investment Tax Credit, Tax Gap Reporting And The Tax Incidence Report.

CT HB05666

An Act Concerning The Tax Incidence Report Required From The Commissioner Of Revenue Services.

CT HB05673

An Act Concerning The Reformation Of Certain Taxes And Tax Equity.

CT HB06927

An Act Concerning An Additional Tax Credit For Certain Corporations For Investments In Fixed Capital.

CT SB00351

An Act Concerning The Restructuring Of Certain Taxes And Tax Equity.

CT HB05492

An Act Establishing A Farm Investment Tax Credit And Concerning The Threshold For Certain Optional Farm-related Property Tax Exemptions.

CT HB06931

An Act Concerning The Reporting Frequency For The Highway Use Tax.

CT HB05360

An Act Concerning Firearm Incident Reports And A Task Force On Recruitment And Retention Of Police Officers.

CT HB06133

An Act Concerning Additional Property Tax Relief For Certain Seniors.

CT SB00395

An Act Concerning The Reporting Of Medical Debt.

Similar Bills

No similar bills found.