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

Plain English Breakdown

Checked against official source text during the last sync.

Doubling Property Tax Credits and Income Limits

This bill doubles the maximum tax credit for property taxes on primary homes or vehicles and raises the income limits needed to qualify.

What This Bill Does

• Doubles the maximum amount of money people can claim as a credit against their personal income tax.
• Applies this change to credits paid for primary residences or motor vehicles.
• Doubles each Connecticut adjusted gross income threshold listed in section 12-704c.

Who It Names or Affects

• People who pay property taxes on their primary home or motor vehicle.
• Taxpayers whose Connecticut adjusted gross income falls within the thresholds in section 12-704c.

Terms To Know

Property Tax Credit

An amount subtracted from personal income tax based on property taxes paid for a home or vehicle.

Connecticut Adjusted Gross Income Threshold

The specific income level used to decide if someone qualifies for the credit and how much they can receive.

Limits and Unknowns

• The bill text does not state when these changes will take effect.
• The source material does not list the current dollar amounts before this doubling occurs.

Official Summary Text

To double the amount of (1) the maximum allowable credit against the personal income tax for a person's primary residence or motor vehicle, and (2) each qualifying Connecticut adjusted gross income threshold set forth in section 12-704c of the general statutes.

Current Bill Text

LCO No. 134 1 of 1

General Assembly Proposed Bill No. 5017
February Session, 2026 LCO No. 134

Referred to Committee on FINANCE, REVENUE AND
BONDING

Introduced by:
REP. TURCO, 27th Dist.

AN ACT CONCERNING 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 double the 1
amount of (1) the maximum allowable credit against the personal 2
income tax for a person's primary residence or motor vehicle, and (2) 3
each qualifying Connecticut adjusted gross income threshold set forth 4
in said section. 5
Statement of Purpose:
To double the amount of (1) the maximum allowable credit against the
personal income tax for a person's primary residence or motor vehicle,
and (2) each qualifying Connecticut adjusted gross income threshold set
forth in section 12-704c of the general statutes.