Connecticut HB5009: AN ACT INCREASING AND EXPANDING THE PROPERTY TAX CREDIT AGAINST THE PERSONAL INCOME TAX FOR A PRIMARY RESIDENCE OR MOTOR VEHICLE.

What the bill says

An act INCREASING AND EXPANDING THE PROPERTY TAX CREDIT AGAINST THE PERSONAL INCOME TAX FOR A PRIMARY RESIDENCE OR MOTOR VEHICLE. Assembly convened: That section 12-704c of the general statutes be amended to (1) increase the maximum allowable credit against the personal income tax for a person's primary residence or motor vehicle from three hundred dollars to one thousand dollars, (2) increase the minimum allowable credit threshold, and (3) expand eligibility for the credit by increasing the qualifying Connecticut adjusted gross income thresholds set forth in said section. Statement of Purpose.

From the introduced text:

AN ACT INCREASING AND EXPANDING THE PROPERTY TAX CREDIT AGAINST THE PERSONAL INCOME TAX FOR A PRIMARY RESIDENCE OR MOTOR VEHICLE. Assembly convened: That section 12-704c of the general statutes be amended to (1) increase the maximum allowable credit against the personal income tax for a person's primary residence or motor vehicle from three hundred dollars to one thousand dollars, (2) increase the minimum allowable credit threshold, and (3) expand eligibility for the credit by increasing the qualifying Connecticut adjusted gross income thresholds set forth in said section. Statement of Purpose: To (1) increase the maximum allowable credit against the personal income tax for a person's primary residence or motor vehicle to one thousand dollars, (2) increase the minimum allowable credit threshold, and (3) expand eligibility for the credit by increasing the qualifying LCO No. 291 1 of Proposed Bill No. 5009 Connecticut adjusted gross income thresholds set forth in section 12704c of the general statutes. LCO No. 291 2 of

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Sponsors

• Vincent Candelora (R, 86) · primary sponsor
• Tom O'Dea (R, 125)
• David Rutigliano (R, 123)