Bill Text: CT SB00045 | 2016 | General Assembly | Introduced


Bill Title: An Act Concerning Personal Income Tax Waivers Under Certain Circumstances.

Spectrum: Partisan Bill (Republican 1-0)

Status: (Introduced - Dead) 2016-02-09 - Referred to Joint Committee on Finance, Revenue and Bonding [SB00045 Detail]

Download: Connecticut-2016-SB00045-Introduced.html

General Assembly

 

Proposed Bill No. 45

 

February Session, 2016

 

LCO No. 143

 

*00143*

Referred to Committee on FINANCE, REVENUE AND BONDING

 

Introduced by:

 

SEN. FORMICA, 20th Dist.

 

AN ACT CONCERNING PERSONAL INCOME TAX WAIVERS UNDER CERTAIN CIRCUMSTANCES.

Be it enacted by the Senate and House of Representatives in General Assembly convened:

That the general statutes be amended to allow a waiver, similar to the federal waiver, for individuals who underpay estimated personal income taxes due to a change in work status because of retirement.

Statement of Purpose:

To allow income tax waivers for individuals who retire.

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