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CT SB00080

CT SB00080
An Act Increasing The Amount Of The Personal Income Tax Deduction For Contributions To State-established 529 Qualified State Tuition Programs.


summary

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

Introduced Session

2026 General Assembly

Bill Summary

To increase the amount of the personal income tax deduction for contributions to accounts for 529 qualified state tuition programs established and maintained by the state.

AI Summary

This bill increases the personal income tax deduction for contributions made to state-established 529 qualified state tuition programs, which are savings plans designed to help families save for future education costs. Specifically, for individual taxpayers, the deduction will rise from $5,000 to $7,500, and for those filing a joint return, the deduction will increase from $10,000 to $12,500.

Committee Categories

Budget and Finance

Sponsors (2)

Last Action

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

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