Bill > HB06317

This bill proposes to modify section 12-701 of the general statutes by removing the income-based restrictions that currently limit who can claim personal income tax deductions for Social Security benefits. Currently, there are specific income thresholds that determine an individual's eligibility for these tax deductions, but this bill would eliminate those qualifying income thresholds, meaning all individuals receiving Social Security benefits would be able to claim the tax deduction regardless of their total income level. By removing these income restrictions, the bill aims to provide a more uniform tax treatment for Social Security recipients, potentially offering tax relief to a broader range of seniors and individuals with Social Security income. The proposed change would simplify the tax deduction process and potentially provide financial benefits to Social Security recipients across different income brackets.

Budget and Finance

https://www.cga.ct.gov/asp/cgabillstatus/cgabillstatus.asp?selBillType=Bill&bill_num=HB06317&which_year=2025