Connecticut SB 67: AN ACT ESTABLISHING A CAP ON THE AGGREGATE AMOUNT OF PERSONAL INCOME TAX REVENUE THE STATE MAY COLLECT.

Bill Text

LCO No. 123 1 of 1

General Assembly Proposed Bill No. 67
February Session, 2026 LCO No. 123

Referred to Committee on FINANCE, REVENUE AND
BONDING

Introduced by:
SEN. GORDON, 35th Dist.

AN ACT ESTABLISHING A CAP ON THE AGGREGATE AMOUNT OF
PERSONAL INCOME TAX REVENUE THE STATE MAY COLLECT.
Be it enacted by the Senate and House of Representatives in General
Assembly convened:

That title 12 of the general statutes be amended to establish a cap on 1
the amount of aggregate personal income tax revenue that the state may 2
collect, with any amount collected in excess of such cap to be refunded 3
to taxpayers on a pro rata basis. 4
Statement of Purpose:
To establish a cap on the amount of aggregate personal income tax
revenue that the state may collect, with any amount collected in excess
of such cap to be refunded to taxpayers on a pro rata basis.