General Assembly

 

Proposed Bill No. 402

 

January Session, 2017

 

LCO No. 1262

 

*01262*

Referred to Committee on FINANCE, REVENUE AND BONDING

 

Introduced by:

 

SEN. BOUCHER, 26th Dist.

 

AN ACT DECREASING THE PERSONAL INCOME TAX RATES.

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

That section 12-700 of the general statutes be amended to decrease the rates of tax imposed under said section to a maximum of four and one-half per cent.

Statement of Purpose:

To provide tax relief by decreasing the personal income tax rates to a maximum of four and one-half per cent.