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SB 67

AN ACT ESTABLISHING A CAP ON THE AGGREGATE AMOUNT OF PERSONAL INCOME TAX REVENUE THE STATE MAY COLLECT.

2026 Regular Session Introduced by Jeff Gordon

Connecticut bill SB 67 caps total personal income tax revenue the state can collect, potentially limiting funding for education, healthcare, and services regardless of economic conditions or population needs.

REF. TO JOINT COMM. ON Finance, Revenue and Bonding
#incometax(state)
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WeVote Research Nonpartisan
Bill Summary · SB 67

Legislative bill overview

SB 67 would establish a constitutional or statutory limit on the total amount of personal income tax revenue Connecticut can collect annually, regardless of tax rates or the state's financial needs. The bill effectively creates a revenue ceiling that would constrain state spending tied to income tax collections. This represents a fundamental shift in how the state finances its operations.

Why is this important

Connecticut relies heavily on income tax revenue to fund education, healthcare, infrastructure, and social services. A hard cap on collections could force the state to either reduce services, increase other taxes, or accumulate budget deficits during economic growth or demographic shifts. This type of constraint has significant implications for the state's ability to respond to fiscal challenges and changing population needs.

Potential points of contention

  • Fiscal inflexibility: A revenue cap prevents the state from capturing additional tax revenue during economic booms, potentially forcing painful service cuts or tax increases elsewhere during normal economic cycles
  • Essential services impact: Schools, universities, hospitals, and social programs dependent on state funding could face unpredictable constraints unrelated to actual service demands
  • Accounting mechanisms: The bill's details matter enormously—what triggers the cap, how it adjusts for inflation, and whether exceptions exist for emergencies could determine practical impact versus symbolic gesture
  • Comparison to other states: Some states with similar measures have experienced budget crises; others have modified restrictions; analyzing outcomes matters for assessing feasibility

Compiled from official sources — confirm details with the bill’s official record.

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