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Bill > HB05061
CT HB05061
CT HB05061An Act Concerning The Property Tax Credit Against The Personal Income Tax For A Primary Residence Or Motor Vehicle.
summary
Introduced
02/06/2026
02/06/2026
In Committee
02/06/2026
02/06/2026
Crossed Over
Passed
Dead
Introduced Session
2026 General Assembly
Bill Summary
To (1) increase the maximum allowable credit against the personal income tax for a person's primary residence or motor vehicle from three hundred dollars to one thousand dollars, (2) increase the minimum allowable credit threshold, and (3) expand eligibility for the credit by increasing the qualifying Connecticut adjusted gross income thresholds set forth in section 12-704c of the general statutes.
AI Summary
This bill proposes to increase the property tax credit that individuals can claim against their personal income tax in Connecticut, which is a tax reduction for money paid in property taxes on a primary residence or motor vehicle. Specifically, it aims to raise the maximum credit from $300 to $1,000, increase the minimum amount of property tax paid that qualifies for any credit, and expand eligibility by raising the income limits (Connecticut adjusted gross income thresholds) that determine who can receive the credit.
Committee Categories
Budget and Finance
Sponsors (1)
Last Action
Referred to Joint Committee on Finance, Revenue and Bonding (on 02/06/2026)
bill text
bill summary
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bill summary
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bill summary
| Document Type | Source Location |
|---|---|
| State Bill Page | https://www.cga.ct.gov/asp/cgabillstatus/cgabillstatus.asp?selBillType=Bill&bill_num=HB05061&which_year=2026 |
| BillText | https://www.cga.ct.gov/2026/TOB/H/PDF/2026HB-05061-R00-HB.PDF |
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