AN ACT INCREASING AND EXPANDING THE PROPERTY TAX CREDIT AGAINST THE PERSONAL INCOME TAX FOR A PRIMARY RESIDENCE OR MOTOR VEHICLE.

Plain English Breakdown

The exact new minimum threshold for qualifying property taxes is not specified in the official source material.

Increasing Property Tax Credit for Homes and Cars

This act increases the property tax credit against personal income tax for primary residences or motor vehicles from $300 to $1,000 and expands eligibility by raising income thresholds.

What This Bill Does

• Increases the maximum property tax credit a person can claim on their home or car from $300 to $1,000.
• Expands who can get this credit by raising income limits.

Who It Names or Affects

• People who own a primary residence in Connecticut.
• People who own a motor vehicle in Connecticut.
• Taxpayers with certain levels of income and property taxes.

Terms To Know

Property Tax Credit

A reduction in the amount of personal income tax owed based on property taxes paid for a primary residence or motor vehicle.

Connecticut Adjusted Gross Income

The total income from which certain deductions are subtracted to determine eligibility for various tax credits and benefits in Connecticut.

Limits and Unknowns

• It is not clear how many people will qualify for the increased credit.
• This bill has passed both chambers but its final approval by the governor or other executive action is pending.

Official Summary Text

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 Connecticut adjusted gross income thresholds set forth in section 12-704c of the general statutes.

Current Bill Text

LCO No. 291 1 of 2

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. O'DEA, 125th Dist.
REP. RUTIGLIANO, 123rd Dist.
REP. ACKERT, 8th Dist.
REP. ZUPKUS, 89th Dist.
REP. ZAWISTOWSKI, 61st Dist.
REP. CARNEY, 23rd 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:

That section 12-704c of the general statutes be amended to (1) increase 1
the maximum allowable credit against the personal income tax for a 2
person's primary residence or motor vehicle from three hundred dollars 3
to one thousand dollars, (2) increase the minimum allowable credit 4
threshold, and (3) expand eligibility for the credit by increasing the 5
qualifying Connecticut adjusted gross income thresholds set forth in 6
said section. 7
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 increa sing the qualifying
Proposed Bill No. 5009

LCO No. 291 2 of 2

Connecticut adjusted gross income thresholds set forth in section 12 -
704c of the general statutes.