AN ACT ESTABLISHING A TAX CREDIT FOR DONATIONS MADE TO CONNECTICUT-BASED CHARITIES.

Plain English Breakdown

The official source material does not specify details about the tax credit limits or encouragement of donations.

Tax Credit for Donations to Connecticut Charities

This act creates a tax credit for people who donate money to charities based in Connecticut.

What This Bill Does

• Creates a new tax credit for donations made by taxpayers to Connecticut-based charities.

Who It Names or Affects

• Taxpayers who donate money to Connecticut-based charities
• Charities based in Connecticut

Terms To Know

tax credit

A reduction in the amount of tax a person or business has to pay, often for specific reasons like donations.

Connecticut-based charities

Non-profit organizations that are registered and operate primarily within Connecticut.

Limits and Unknowns

• The exact amount of the tax credit is not specified in this summary.
• It's unclear if there will be limits on how much a person can claim as a tax credit for donations.

Official Summary Text

To establish a tax credit for donations made by a taxpayer to Connecticut-based charities.

Current Bill Text

LCO No. 419 1 of 1

General Assembly Proposed Bill No. 5053
February Session, 2026 LCO No. 419

Referred to Committee on FINANCE, REVENUE AND
BONDING

Introduced by:
REP. CARNEY, 23rd Dist.

AN ACT ESTABLISHING A TAX CREDIT FOR DONATIONS MADE TO
CONNECTICUT-BASED CHARITIES.
Be it enacted by the Senate and House of Representatives in General
Assembly convened:

That the general statutes be amended to establish a tax credit for 1
donations made by a taxpayer to Connecticut-based charities. 2
Statement of Purpose:
To establish a tax credit for donations made by a taxpayer to
Connecticut-based charities.