Feb. 3, 2022
Connecticut Gov. Ned Lamont announced a package of tax proposals that would:
- accelerate the phase-in of the personal income tax exemption for pension and annuity income;
- expand the corporation business tax credit for student loan repayments by employers;
- restore eligibility for the property tax credit to all personal income taxpayers and increase the credit; and
- reduce motor vehicle property taxes.
Press Release, Office of Connecticut Gov. Ned Lamont, February 2, 2022
To learn more about how this package can save your organization money, reach out to Ashmore Consulting.
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