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SB00080 • 2026

AN ACT INCREASING THE AMOUNT OF THE PERSONAL INCOME TAX DEDUCTION FOR CONTRIBUTIONS TO STATE-ESTABLISHED 529 QUALIFIED STATE TUITION PROGRAMS.

AN ACT INCREASING THE AMOUNT OF THE PERSONAL INCOME TAX DEDUCTION FOR CONTRIBUTIONS TO STATE-ESTABLISHED 529 QUALIFIED STATE TUITION PROGRAMS.

Education Taxes
Passed Legislature

This bill passed both chambers and reached final enrollment, even if later executive action is not shown here.

Sponsor
Sen. Rob Sampson, 16th Dist.
Last action
2026-02-04
Official status
Referred to Joint Committee on Finance, Revenue and Bonding
Effective date
Not listed

Plain English Breakdown

The bill status shows it was referred to a committee on February 4, 2026, but the effective date is not listed in the provided metadata or text.

Increasing Tax Deductions for State College Savings Accounts

This bill raises the maximum amount of money taxpayers can deduct from their income tax when they contribute to state-run college savings plans.

What This Bill Does

  • Increases the personal income tax deduction limit for individual filers from $5,000 to $7,500.
  • Raises the deduction limit for married couples filing jointly from $10,000 to $12,500.
  • Applies these changes only to contributions made to 529 qualified state tuition programs established and maintained by the state.
  • Amends section 12-701a of the general statutes to reflect the new deduction amounts.

Who It Names or Affects

  • Individual taxpayers who contribute to state-established college savings accounts.
  • Married couples filing a joint tax return who make contributions to these programs.

Terms To Know

Personal income tax deduction
An amount of money subtracted from a taxpayer's total income before calculating how much tax they owe, which lowers their final tax bill.
529 qualified state tuition program
A savings account created by the state to help families save for future education costs with specific tax benefits.

Limits and Unknowns

  • The official text does not specify an effective date when these new deduction limits will begin.
  • The source material does not explain how this change affects taxpayers who contribute more than the new limit amounts.
  • It is unclear from the provided text if there are any restrictions on which specific state programs qualify for the increased deduction.

Bill History

  1. 2026-02-04 Connecticut General Assembly

    Referred to Joint Committee on Finance, Revenue and Bonding

Official Summary Text

To increase the amount of the personal income tax deduction for contributions to accounts for 529 qualified state tuition programs established and maintained by the state.

Current Bill Text

Read the full stored bill text
LCO No. 91 1 of 1

General Assembly Proposed Bill No. 80
February Session, 2026 LCO No. 91

Referred to Committee on FINANCE, REVENUE AND
BONDING

Introduced by:
SEN. SAMPSON, 16th Dist.

AN ACT INCREASING THE AMOUNT OF THE PERSONAL INCOME
TAX DEDUCTION FOR CONTRIBUTIONS TO STATE-ESTABLISHED
529 QUALIFIED STATE TUITION PROGRAMS.
Be it enacted by the Senate and House of Representatives in General
Assembly convened:

That section 12 -701a of the general statutes be amended to increase 1
the amount of the personal income tax deduction for contributions to 2
accounts for 529 qualified state tuition programs established and 3
maintained by the state, from five thousand dollars for individual 4
taxpayers to seven thousand five hundred dollars and from ten 5
thousand dollars for taxpayers filing a joint return to twelve thousand 6
five hundred dollars. 7
Statement of Purpose:
To increase the amount of the personal income tax deduction for
contributions to accounts for 529 qualified state tuition programs
established and maintained by the state.