CT HB05027 | 2022 | General Assembly
Status
Spectrum: Partisan Bill (Republican 5-0)
Status: Introduced on February 9 2022 - 25% progression, died in committee
Action: 2022-02-09 - Referred to Joint Committee on Finance, Revenue and Bonding
Pending: Joint Finance, Revenue and Bonding Committee
Text: Latest bill text (Introduced) [PDF]
Status: Introduced on February 9 2022 - 25% progression, died in committee
Action: 2022-02-09 - Referred to Joint Committee on Finance, Revenue and Bonding
Pending: Joint Finance, Revenue and Bonding Committee
Text: Latest bill text (Introduced) [PDF]
Summary
To (1) eliminate the estate and gift taxes, (2) eliminate the personal income tax on Social Security benefits, regardless of income, and (3) require that pension and annuity income be exempt from the personal income tax for taxable years commencing on or after January 1, 2022, rather than the current phase-out schedule.
Title
An Act Eliminating The Estate And Gift Taxes And Concerning The Personal Income Tax Deductions For Social Security Benefits And Pension Or Annuity Income.
Sponsors
Rep. Tom O'Dea [R] | Rep. Craig Fishbein [R] | Rep. Tom Delnicki [R] | Sen. Eric Berthel [R] |
Rep. Gale Mastrofrancesco [R] |
History
Date | Chamber | Action |
---|---|---|
2022-02-09 | House | Referred to Joint Committee on Finance, Revenue and Bonding |
Connecticut State Sources
Type | Source |
---|---|
Summary | https://www.cga.ct.gov/asp/cgabillstatus/cgabillstatus.asp?selBillType=Bill&bill_num=HB05027&which_year=2022 |
Text | https://www.cga.ct.gov/2022/TOB/H/PDF/2022HB-05027-R00-HB.PDF |