Bill > HB05971

This bill proposes to amend Connecticut's tax code to allow taxpayers to claim a personal income tax deduction for the "public benefits charge" portion of their electric bill. The public benefits charge is typically a fee added to electric bills that helps fund energy efficiency programs, renewable energy development, and other utility-related public services. By creating this tax deduction, the bill aims to provide financial relief to electric utility customers by allowing them to reduce their taxable income by the amount they have paid in public benefits charges during a given tax year. This means that when taxpayers file their state income taxes, they can subtract the amount they paid for this specific charge from their total taxable income, potentially lowering their overall tax liability. The proposed deduction would apply to the amount paid for public benefits charges during a single taxable year, offering a direct financial benefit to Connecticut residents who pay these charges as part of their electric utility bills.

Budget and Finance

https://www.cga.ct.gov/asp/cgabillstatus/cgabillstatus.asp?selBillType=Bill&bill_num=HB05971&which_year=2025