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CT SB00100

CT SB00100
An Act Reducing Certain Personal Income Tax Marginal Rates.


summary

Introduced
02/09/2026
In Committee
02/09/2026
Crossed Over
Passed
Dead

Introduced Session

2026 General Assembly

Bill Summary

To reduce the two lowest marginal rates for the personal income tax from (1) two per cent to zero, and (2) from four and one-half per cent to three per cent, for taxpayers with adjusted gross income of less than one hundred thousand dollars for single filers and less than two hundred thousand dollars for married individuals filing jointly.

AI Summary

This bill amends Section 12-700 of the general statutes to lower the two lowest personal income tax rates for certain taxpayers. Specifically, the tax rate of two percent will be reduced to zero percent, and the tax rate of four and one-half percent will be reduced to three percent. These changes apply to individuals filing as single with an adjusted gross income (AGI) below $100,000 and married individuals filing jointly with an AGI below $200,000. Adjusted gross income is a measure of income that includes most sources of income minus certain deductions.

Committee Categories

Budget and Finance

Sponsors (12)

Last Action

Finance, Revenue and Bonding Public Hearing (00:00:00 2/27/2026 ) (on 02/27/2026)

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