SB00099

Connecticut SB00099 establishes a refundable credit against personal income tax for motor vehicle property tax paid by eligible taxpayers.

Connecticut SB00099 amends the general statutes to establish a refundable credit against personal income tax for the amount of motor vehicle property tax paid by eligible taxpayers. This credit is available to single filers with an adjusted gross income of less than $100,000 and married individuals filing jointly with an adjusted gross income of less than $200,000. The credit is limited to property tax paid on primary residences. This bill aims to provide financial relief to lower-income taxpayers by reducing their overall tax burden.