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Bill > HB05017


CT HB05017

CT HB05017
An Act Concerning The Property Tax Credit Against The Personal Income Tax For A Primary Residence Or Motor Vehicle.


summary

Introduced
02/04/2026
In Committee
02/04/2026
Crossed Over
Passed
Dead

Introduced Session

2026 General Assembly

Bill Summary

To double the amount of (1) the maximum allowable credit against the personal income tax for a person's primary residence or motor vehicle, and (2) each qualifying Connecticut adjusted gross income threshold set forth in section 12-704c of the general statutes.

AI Summary

This bill aims to increase the property tax credit available to Connecticut residents by doubling both the maximum credit amount that can be claimed against personal income tax for a primary residence or motor vehicle, and the income levels that qualify for these credits, as outlined in section 12-704c of the general statutes. Connecticut adjusted gross income (CT AGI) is a measure of income used for tax purposes in Connecticut, and the thresholds refer to specific income ranges that determine eligibility for or the amount of tax credits.

Committee Categories

Budget and Finance

Sponsors (1)

Last Action

Referred to Joint Committee on Finance, Revenue and Bonding (on 02/04/2026)

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