AN ACT CONCERNING PERSONAL INCOME TAX DEDUCTIONS FOR SENIORS.

Plain English Breakdown

The official status shows the bill passed both chambers but was referred to a committee on February 6, 2026; it has not yet been signed into law or assigned an effective date.

Indexing Senior Income Tax Deduction Thresholds

This bill requires Connecticut law to adjust the income limits for senior personal income tax deductions based on inflation.

What This Bill Does

• Amends section 12-701 of the general statutes regarding taxes.
• Requires that qualifying income thresholds for seniors be adjusted to reflect the rate of inflation.

Who It Names or Affects

• Seniors who file personal income taxes in Connecticut

Terms To Know

Qualifying income threshold

The maximum amount of money a person can earn to be eligible for a specific tax deduction.

Indexed to inflation

Adjusting a number automatically each year to match the rising cost of goods and services.

Limits and Unknowns

• The official text does not specify which exact tax deductions for seniors will be affected.
• The source material does not state when this law would take effect or if it has been signed by the Governor yet.

Official Summary Text

To require that, for seniors, the qualifying income threshold for any personal income tax deduction be indexed to reflect the rate of inflation.

Current Bill Text

LCO No. 274 1 of 1

General Assembly Proposed Bill No. 5066
February Session, 2026 LCO No. 274

Referred to Committee on FINANCE, REVENUE AND
BONDING

Introduced by:
REP. BUCKBEE, 67th Dist.

AN ACT CONCERNING PERSONAL INCOME TAX DEDUCTIONS FOR
SENIORS.
Be it enacted by the Senate and House of Representatives in General
Assembly convened:

That section 12-701 of the general statutes be amended to require that, 1
for seniors, the qualifying income threshold for any personal income tax 2
deduction be indexed to reflect the rate of inflation. 3
Statement of Purpose:
To require that, for seniors, the qualifying income threshold for any
personal income tax deduction be indexed to reflect the rate of inflation.