Bill Text: CT HB05189 | 2012 | General Assembly | Introduced
Bill Title: An Act Concerning The Income Tax Treatment Of Pension And Social Security Income.
Spectrum: Partisan Bill (Republican 1-0)
Status: (Introduced - Dead) 2012-02-17 - Referred to Joint Committee on Finance, Revenue and Bonding [HB05189 Detail]
Download: Connecticut-2012-HB05189-Introduced.html
General Assembly |
Proposed Bill No. 5189 |
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February Session, 2012 |
LCO No. 669 | ||||
Referred to Committee on Finance, Revenue and Bonding |
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Introduced by: |
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REP. PERILLO, 113th Dist. |
AN ACT CONCERNING THE INCOME TAX TREATMENT OF PENSION AND SOCIAL SECURITY INCOME.
Be it enacted by the Senate and House of Representatives in General Assembly convened:
That chapter 229 of the general statutes be amended to exempt income from pensions and Social Security from the personal income tax, up to a maximum amount of fifty thousand dollars in such income for individuals and one hundred thousand dollars for joint filers.
Statement of Purpose:
To remove a portion of pension and Social Security income from personal income tax calculations.