Connecticut SB181: AN ACT CONCERNING PERSONAL INCOME TAX REFUNDS.

What the bill says

An act CONCERNING PERSONAL INCOME TAX REFUNDS. Assembly convened: That $330,811,954 be transferred from the Budget Reserve Fund to the General Fund and said amount be used to provide refunds, as calculated by the Department of Revenue Services, of personal income tax actually paid by taxpayers who filed a federal income tax return for the taxable year commencing on or after January 1, 2025. Statement of Purpose: To require moneys to be transferred from the Budget Reserve Fund to the General Fund and used to provide personal income tax refunds to taxpayers. LCO No. 918 1 of.

From the introduced text:

AN ACT CONCERNING PERSONAL INCOME TAX REFUNDS. Assembly convened: That $330,811,954 be transferred from the Budget Reserve Fund to the General Fund and said amount be used to provide refunds, as calculated by the Department of Revenue Services, of personal income tax actually paid by taxpayers who filed a federal income tax return for the taxable year commencing on or after January 1, 2025. Statement of Purpose: To require moneys to be transferred from the Budget Reserve Fund to the General Fund and used to provide personal income tax refunds to taxpayers. LCO No. 918 1 of

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Sponsors

• Stephen Harding (R, 30) · primary sponsor
• Henri Martin (R, 31)
• Robert Sampson (R, 16)
• Paul Cicarella (R, 34)
• Somers, Heather S. (R, 18)
• Tony Hwang (R, 28)
• Eric Berthel (R, 32)
• Ryan Fazio (R, 36)