Connecticut HB6753: AN ACT CONCERNING THE DEDUCTION AND WITHHOLDING OF PERSONAL INCOME TAX FROM ROTH INDIVIDUAL RETIREMENT ACCOUNT QUALIFIED DISTRIB

What the bill says

An act CONCERNING THE DEDUCTION AND WITHHOLDING OF PERSONAL INCOME TAX FROM ROTH INDIVIDUAL RETIREMENT ACCOUNT QUALIFIED DISTRIBUTIONS. Assembly convened: 1 That section 12-705 of the general statutes be amended to specify that 2 qualified distributions from Roth individual retirement accounts are not 3 subject to the deduction and withholding of tax under said section. Statement of Purpose: To specify that qualified distributions from Roth individual retirement accounts are not subject to the deduction and withholding of tax under section 12-705 of the general statutes. LCO No. 3077 1 of 1.

From the introduced text:

AN ACT CONCERNING THE DEDUCTION AND WITHHOLDING OF PERSONAL INCOME TAX FROM ROTH INDIVIDUAL RETIREMENT ACCOUNT QUALIFIED DISTRIBUTIONS. Assembly convened: 1 That section 12-705 of the general statutes be amended to specify that 2 qualified distributions from Roth individual retirement accounts are not 3 subject to the deduction and withholding of tax under said section. Statement of Purpose: To specify that qualified distributions from Roth individual retirement accounts are not subject to the deduction and withholding of tax under section 12-705 of the general statutes. LCO No. 3077 1 of 1

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Sponsors

• Alphonse Paolillo (D, 97) · primary sponsor

Latest actions

1. January 28, 2025: Referred to Joint Committee on Finance, Revenue and Bonding

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