CT HB06934 | 2023 | General Assembly

Status

Spectrum: Slight Partisan Bill (Democrat 3-1)
Status: Introduced on April 6 2023 - 25% progression, died in committee
Action: 2023-04-10 - Public Hearing 04/14
Pending: Joint Finance, Revenue and Bonding Committee
Text: Latest bill text (Introduced) [PDF]

Summary

To (1) make adjustments to certain personal income tax rates, (2) establish income phase-out thresholds for the personal income tax deductions for pension and annuity income and individual retirement accounts, (3) increase the applicable percentage of the earned income tax credit, (4) expand the tax credit for human capital investment, (5) require the Commissioner of Revenue Services to provide information related to the tax gap, and (6) require additional information to be included in the tax incidence report.

Tracking Information

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Title

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.

Sponsors


History

DateChamberAction
2023-04-10HousePublic Hearing 04/14
2023-04-06HouseReferred to Joint Committee on Finance, Revenue and Bonding

Connecticut State Sources


Bill Comments

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