Connecticut Seal

General Assembly

 

Proposed Bill No. 5090

 

February Session, 2014

 

LCO No. 217

   

Referred to Committee on FINANCE, REVENUE AND BONDING

 

Introduced by:

 

REP. BACCHIOCHI, 52nd Dist.

 

AN ACT PHASING OUT INCOME TAXATION OF 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 phase out the personal income taxation of pension income.

Statement of Purpose:

To provide tax relief to senior citizens and make Connecticut competitive with other states.