General Assembly |
Proposed Bill No. 45 |
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February Session, 2016 |
LCO No. 143 | ||||
*00143* | |||||
Referred to Committee on FINANCE, REVENUE AND BONDING |
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Introduced by: |
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SEN. FORMICA, 20th Dist. |
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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: