Connecticut Seal

General Assembly

 

Proposed Bill No. 643

 

January Session, 2011

 

LCO No. 2408

   

Referred to Committee on Finance, Revenue and Bonding

 

Introduced by:

 

SEN. FRANTZ, 36th Dist.

 

AN ACT CONCERNING THE PERSONAL INCOME TAX RATE.

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 to four and one-half per cent.

Statement of Purpose:

To retain and attract more people and businesses capable of funding necessary revenue stream for the state.