AN ACT ESTABLISHING A QUALIFIED PRODUCTION PROPERTY DEDUCTION.

Plain English Breakdown

The bill status shows 'Passed Legislature' but also lists a recent referral to committee; this suggests conflicting metadata, so no final enactment date can be confirmed from the text alone.

State Tax Deduction for Qualified Production Property

This bill amends Title 12 of the General Statutes to create a state tax deduction equal to the amount claimed on federal taxes for qualified production property.

What This Bill Does

• Amends Title 12 of the General Statutes.
• Establishes a state tax deduction based on the amount of the federal qualified production property deduction claim.

Terms To Know

Qualified Production Property Deduction

A specific type of deduction claimed under federal tax law that this bill allows taxpayers to also deduct on state taxes.

General Statutes

The official collection of state laws, specifically Title 12, which is being changed by this act.

Limits and Unknowns

• The provided text does not specify an effective date for when the deduction begins.
• The source material does not define what specific property qualifies under federal law or list eligibility requirements beyond matching the federal claim amount.

Official Summary Text

To establish a state tax deduction for the amount of the federal qualified production property deduction claim.

Current Bill Text

LCO No. 1026 1 of 1

General Assembly Proposed Bill No. 5203
February Session, 2026 LCO No. 1026

Referred to Committee on COMMERCE

Introduced by:
REP. ROCHELLE, 104th Dist.

AN ACT ESTABLISHING A QUALIFIED PRODUCTION PROPERTY
DEDUCTION.
Be it enacted by the Senate and House of Representatives in General
Assembly convened:

That title 12 of the general statutes be amended to establish a state tax 1
deduction for the amount of the federal qualified production property 2
deduction claim. 3
Statement of Purpose:
To establish a state tax deduction for the amount of the federal qualified
production property deduction claim.