HB05082

Increases the property tax credit against personal income tax for primary residences or motor vehicles in Connecticut.

Connecticut HB05082 amends the general statutes to enhance the property tax credit against personal income tax. The bill raises the maximum allowable credit from $300 to $1,000 for primary residences or motor vehicles. It also increases the minimum allowable credit threshold and expands eligibility by raising the qualifying Connecticut adjusted gross income thresholds. This change aims to provide greater tax relief to more residents.