Connecticut-2012-HB05051-Introduced


General Assembly		*Proposed Bill No. 5051*
*February Session, 2012*		LCO No. 334

Referred to Committee on Finance, Revenue and Bonding
Introduced by:
REP. LEGEYT, 17^th Dist.

AN ACT CONCERNING UNDER-WITHHOLDING OF 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 remove any penalty for under-withholding any personal income tax due for the taxable year commencing January 1, 2011.

Statement of Purpose:

To ensure that individuals are not penalized for under-withholding their income tax, given the complications involved with implementing the retroactive income tax increase.