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CT HB05082

CT HB05082
An Act Concerning The Property Tax Credit Against The Personal Income Tax For A Primary Residence Or Motor Vehicle.


summary

Introduced
02/09/2026
In Committee
02/09/2026
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 changes to Connecticut's property tax credit against personal income tax, which is a tax break for residents based on property taxes paid on their primary home or motor vehicle. Specifically, it aims to increase the maximum credit a person can receive from $300 to $1,000, raise the minimum amount of property tax paid that qualifies for any credit, and expand eligibility by increasing the income limits, known as Connecticut adjusted gross income thresholds, that determine who qualifies for this tax credit.

Committee Categories

Budget and Finance

Sponsors (1)

Last Action

Referred to Joint Committee on Finance, Revenue and Bonding (on 02/09/2026)

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