AN ACT EXEMPTING SOCIAL SECURITY BENEFITS AND PENSION OR ANNUITY INCOME FROM THE PERSONAL INCOME TAX.

Plain English Breakdown

The bill has passed both chambers but is currently with a committee; no effective date is listed in the provided metadata or text.

Exempting Retirement Income From Personal Income Tax

This bill removes state taxes on money people receive from Social Security, pensions, or annuities.

What This Bill Does

• Amends Section 12-701 of the general statutes to create a tax exemption.
• Exempts all taxpayers from paying personal income tax on Social Security benefits.
• Exempts all taxpayers from paying personal income tax on pension or annuity income.

Who It Names or Affects

• All taxpayers who receive Social Security benefits
• All taxpayers who receive pension or annuity income

Limits and Unknowns

• The official text does not state a date when this law will take effect.
• The bill has been referred to the Joint Committee on Finance, Revenue and Bonding.

Official Summary Text

To exempt Social Security benefits and pension or annuity income for all taxpayers from the personal income tax.

Current Bill Text

LCO No. 728 1 of 1

General Assembly Proposed Bill No. 5094
February Session, 2026 LCO No. 728

Referred to Committee on FINANCE, REVENUE AND
BONDING

Introduced by:
REP. MASTROFRANCESCO, 80th Dist.

AN ACT EXEMPTING SOCIAL SECURITY BENEFITS AND PENSION
OR ANNUITY INCOME FROM THE PERSONAL INCOME TAX.
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 exempt 1
Social Security benefits and pension or annuity income for all taxpayers 2
from the personal income tax. 3
Statement of Purpose:
To exempt Social Security benefits and pension or annuity income for
all taxpayers from the personal income tax.