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Bill > SB00771


CT SB00771

CT SB00771
An Act Establishing A Refundable Child Tax Credit.


summary

Introduced
01/19/2023
In Committee
01/19/2023
Crossed Over
Passed
Dead
06/07/2023

Introduced Session

2023 General Assembly

Bill Summary

To establish a refundable child tax credit.

AI Summary

This bill establishes a refundable child tax credit of $250 per child for up to three children, which is reduced by 10% for every $1,000 (or fraction thereof) of federal adjusted gross income over $100,000 for single filers, $160,000 for head of household filers, and $200,000 for joint filers. The purpose of this bill is to provide a tax credit to help offset the costs of raising children.

Committee Categories

Budget and Finance

Sponsors (3)

Last Action

Finance, Revenue and Bonding Public Hearing (00:00:00 2/27/2023 ) (on 02/27/2023)

Bill Topics

Macroeconomics
  • ‐ Taxation, Tax Policy, and Tax Reform
Social Welfare
  • ‐ Family Issues
  • ‐ Poverty and Assistance for Low-Income Families

bill text


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