Bill
HB 6318
AN ACT ELIMINATING THE QUALIFYING INCOME THRESHOLDS FOR THE PERSONAL INCOME TAX DEDUCTIONS FOR SOCIAL SECURITY BENEFITS, PENSION OR ANNUITY INCOME AND CERTAIN INDIVIDUAL RETIREMENT ACCOUNT DISTRIBUTIONS.
2025 Regular Session
Introduced by Cathy Osten and 1 co-sponsor
HB 6318 removes income caps on Connecticut tax deductions for Social Security, pensions, and IRA distributions, benefiting higher-income retirees but reducing state tax revenue.
REF. TO JOINT COMM. ON Finance, Revenue and Bonding
#annuities
#incometaxdeductions(state)
#individualretirementaccounts(iras)
#pensions
#socialsecurity