Bill > HB05009

This bill aims to increase and expand a property tax credit that individuals can claim against their personal income tax for their primary residence or motor vehicle. Specifically, it proposes to raise the maximum credit amount from $300 to $1,000, increase the minimum threshold for receiving any credit, and broaden eligibility by raising the income levels that qualify for the credit, all as outlined in section 12-704c of the general statutes. The Connecticut adjusted gross income is a measure of a taxpayer's income after certain deductions, and this bill seeks to make the property tax credit more accessible to a wider range of residents by adjusting these income requirements.

Budget and Finance

https://www.cga.ct.gov/asp/cgabillstatus/cgabillstatus.asp?selBillType=Bill&bill_num=HB05009&which_year=2026