HB 5009

General Assembly  Proposed Bill No. 5009
      February Session, 2026  LCO No. 291
    Referred to Committee on  FINANCE, REVENUE AND
    BONDING
    Introduced by:
     REP. CANDELORA V., 86th Dist.  REP. ZUPKUS, 89th Dist.
     REP. O'DEA, 125th Dist.  REP. ZAWISTOWSKI, 61st Dist.
     REP. RUTIGLIANO, 123rd Dist.  REP. CARNEY, 23rd Dist.
     REP. ACKERT, 8th Dist.
 AN ACT INCREASING AND EXPANDING THE PROPERTY TAX
 CREDIT AGAINST THE PERSONAL INCOME TAX FOR A PRIMARY
 RESIDENCE OR MOTOR VEHICLE.
 Be it enacted by the Senate and House of Representatives in General
 Assembly convened:
1  That section 12-704c of the general statutes be amended to (1) increase
2      the maximum allowable credit against the personal income tax for a
3      person's primary residence or motor vehicle from three hundred dollars
4      to one thousand dollars, (2) increase the minimum allowable credit
5      threshold, and (3) expand eligibility for the credit by increasing the
6      qualifying Connecticut adjusted gross income thresholds set forth in
7      said section.
       Statement of Purpose:
       To (1) increase the maximum allowable credit against the personal
       income tax for a person's primary residence or motor vehicle to one
       thousand dollars, (2) increase the minimum allowable credit threshold,
       and (3) expand eligibility for the credit by increasing the qualifying
    LCO No. 291  1 of 2
  Proposed Bill No.   5009
   Connecticut adjusted gross income thresholds set forth in section 12-
   704c of the general statutes.
LCO No. 291  2 of 2