Connecticut HB 5078: AN ACT EXEMPTING INDIVIDUAL RETIREMENT ACCOUNT INCOME FROM THE PERSONAL INCOME TAX.

Status: REF. TO JOINT COMM. ON Finance, Revenue and Bonding (as of 2020-02-11)

State: Connecticut · Session: 2020 · Bill: HB 5078

Subjects: Income tax exemptions (State), Individual retirement accounts (IRAs)

Sponsors: Yaccarino, Dave W.

Bill Text

LCO No. 778 1 of 1

General Assembly Proposed Bill No. 5078
February Session, 2026 LCO No. 778

Referred to Committee on EDUCATION

Introduced by:
REP. GIBSON, 15th Dist.

AN ACT INCREASING FUNDING FOR PUBLIC SCHOOLS, MAGNET
SCHOOLS AND CHARTER SCHOOLS.
Be it enacted by the Senate and House of Representatives in General
Assembly convened:

That subdivision (9) of section 10-262f of the general statutes be 1
amended to increase the foundation amount for purposes of the 2
equalization aid grant, choice grant and charter school grant. 3
Statement of Purpose:
To ensure equitable and adequate funding for schools across the state.

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