Bill Text: CT SB00059 | 2016 | General Assembly | Introduced
Bill Title: An Act Reducing The Income Tax Rate On Pension Income.
Spectrum: Partisan Bill (Republican 1-0)
Status: (Introduced - Dead) 2016-02-09 - Referred to Joint Committee on Finance, Revenue and Bonding [SB00059 Detail]
Download: Connecticut-2016-SB00059-Introduced.html
General Assembly |
Proposed Bill No. 59 |
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February Session, 2016 |
LCO No. 831 | ||||
*00831* | |||||
Referred to Committee on FINANCE, REVENUE AND BONDING |
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Introduced by: |
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SEN. BOUCHER, 26th Dist. |
AN ACT REDUCING THE INCOME TAX RATE ON PENSION 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 reduce the personal income tax rate on pension income by two per cent.
Statement of Purpose:
To provide tax relief to seniors and retirees by lowering the tax rate on pensions.