Connecticut HB05094 would exempt Social Security benefits and pension or annuity income from personal income tax.
Connecticut HB05094 proposes to amend section 12-701 of the general statutes to exempt Social Security benefits and pension or annuity income from the personal income tax for all taxpayers. This bill aims to provide tax relief by excluding these specific types of income from taxable income.
Included in complete analysis
- Overview
- Core Provisions
- Implementation
- Impact
- Legal Framework
- Critical Issues
Analyze for Free
See what it does, who it affects, and the critical issues in plain language. Free, 30 seconds.