Proposed H.B. No. 5040
Session Year 2021

AN ACT CONCERNING CERTAIN ADJUSTMENTS FOR SENIORS TO PERSONAL INCOME TAX DEDUCTIONS.

To require that, for seniors, (1) qualifying income thresholds for personal income tax deductions be adjusted for inflation, and (2) income from individual retirement accounts that is currently taxable be exempt from the personal income tax.

Other Bills with Similar Topics

  Elderly persons 

 

• HB05294 - AN ACT EXEMPTING SENIOR CITIZENS FROM PAYING FISHING LICENSE FEES.
• HB05599 - AN ACT REMOVING OBSTACLES TO RENTAL RELIEF FOR SENIOR CITIZENS AND PERSONS WITH DISABILITIES.
• HB05600 - AN ACT ESTABLISHING A TASK FORCE TO PROTECT SENIOR CITIZENS FROM FRAUD.
• HB05674 - AN ACT CONCERNING EQUITY OF SERVICES FOR SENIOR CITIZENS.
• HB06012 - AN ACT CONCERNING HOME AND COMMUNITY-BASED SERVICES IN LONG-TERM CARE FACILITIES.
• HB06114 - AN ACT CONCERNING PROPERTY TAX DEFERRAL FOR ELDERLY PERSONS.
• HB06354 - AN ACT CONCERNING THE RENTERS' REBATE PROGRAM FOR SENIOR CITIZENS AND PERSONS WITH DISABILITIES.
• HB06554 - AN ACT CONCERNING A STUDY OF THE IMPACT OF COVID-19 ON SENIOR CITIZENS AND ADULTS WITH DISABILITIES.
• SB00088 - AN ACT CONCERNING RENTAL ASSISTANCE FOR SENIOR CITIZENS AND PERSONS WITH DISABILITIES.
• SB00273 - AN ACT SUPPORTING AGING IN PLACE.
• SB00283 - AN ACT ESTABLISHING A PROPERTY TAX CREDIT FOR SENIORS.
• SB00303 - AN ACT EXPANDING HOME-BASED AND COMMUNITY-BASED CARE FOR PERSONS WHO ARE ELDERLY OR WHO HAVE ALZHEIMER'S DISEASE.
• SB00423 - AN ACT PROMOTING AGING IN PLACE.
• SB00491 - AN ACT CONCERNING AN ELDER CARE WORKFORCE GROUP.
• SB00816 - AN ACT ESTABLISHING A REVOLVING LOAN FUND TO ASSIST ELDERLY HOMEOWNERS.
• SB00817 - AN ACT CONCERNING SENIOR CENTERS AND SENIOR CRIME PREVENTION EDUCATION.
• SB00899 - AN ACT CONCERNING SENIOR SAFETY ZONES.
• SB00900 - AN ACT INCREASING FUNDING FOR AGING IN PLACE INITIATIVES.

  Income tax (State) 

 

• HB05277 - AN ACT CONCERNING THE DEDUCTION AND WITHHOLDING OF PERSONAL INCOME TAX FROM NONPAYROLL DISTRIBUTIONS.
• HB05289 - AN ACT ADJUSTING PERSONAL INCOME TAX RATES FOR TAXPAYERS ABOVE AND BELOW CERTAIN INCOME THRESHOLDS.
• HB05865 - AN ACT CONCERNING THE TAX TREATMENT OF INVESTMENT FUND NET PROFITS ATTRIBUTABLE TO CERTAIN INVESTMENT MANAGEMENT SERVICES.
• HB06187 - AN ACT CONCERNING THE RESTRUCTURING OF CERTAIN TAXES AND TAX EQUITY.
• SB00821 - AN ACT CONCERNING THE REFORMATION OF CERTAIN TAXES AND TAX EQUITY.
• SB01077 - AN ACT CONCERNING THE DEPARTMENT OF REVENUE SERVICES' RECOMMENDATIONS FOR TAX ADMINISTRATION AND REVISIONS TO THE TAX AND RELATED STATUTES.

  Individual retirement accounts (IRAs) 

 

• HB05284 - AN ACT PHASING OUT THE PERSONAL INCOME TAX ON CERTAIN INDIVIDUAL RETIREMENT ACCOUNT INCOME.
• HB05857 - AN ACT PHASING OUT THE PERSONAL INCOME TAX ON CERTAIN INDIVIDUAL RETIREMENT ACCOUNT INCOME.
• HB06443 - AN ACT CONCERNING REVENUE ITEMS TO IMPLEMENT THE BIENNIAL BUDGET.
• SB01106 - AN ACT ESTABLISHING THE CONNECTICUT EQUITABLE INVESTMENT FUND AND DEDICATING CERTAIN REVENUES TO SAID FUND.