AN ACT ELIMINATING THE QUALIFYING INCOME THRESHOLDS FOR THE PERSONAL INCOME TAX DEDUCTIONS FOR SOCIAL SECURITY BENEFITS.

SB 114 eliminates income limits that currently restrict who can deduct Social Security benefits from their state personal income tax. It directly affects all Social Security benefit recipients in the state who pay income tax, removing the previous requirement that their total income must fall below specific thresholds to qualify for the deduction. The bill amends Section 12-701 of the general statutes to remove these qualifying income thresholds entirely. This change means anyone receiving Social Security benefits would automatically qualify for the tax deduction regardless of their total income level. The policy change simplifies the deduction process for eligible taxpayers without altering the deduction amount itself.