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Bill > SB00095


CT SB00095

CT SB00095
An Act Establishing A Credit Against The Personal Income Tax For Certain Employees Of Defense Contractors And Of Direct Suppliers And Subcontractors Of Defense Contractors.


summary

Introduced
02/06/2026
In Committee
02/06/2026
Crossed Over
Passed
Dead

Introduced Session

2026 General Assembly

Bill Summary

To establish a credit against the personal income tax of five hundred dollars for certain employees of defense contractors and of direct suppliers and subcontractors of defense contractors.

AI Summary

This bill establishes a new credit against the personal income tax for certain employees working for defense contractors, or companies that directly supply or subcontract for defense contractors. This credit is for $500 and is available to individuals whose adjusted gross income is less than $125,000 if they file as single, or less than $250,000 if they are married and file jointly. The purpose of this legislation is to provide financial relief to these specific workers by reducing their tax liability.

Committee Categories

Budget and Finance

Sponsors (9)

Last Action

Referred to Joint Committee on Finance, Revenue and Bonding (on 02/06/2026)

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