HB 5106 exempts hospital beds used for home health care from the state's sales and use taxes. This directly affects home health care providers and suppliers who purchase these beds for patient use in private residences. The bill amends tax law to remove the tax burden on the sale, storage, use, or consumption of such beds within the state. It does not change existing tax rules for hospital beds used in medical facilities. The policy change is limited to tax treatment, with no additional funding or service requirements.
HB 5131 would create a personal income tax deduction of up to $10,000 annually for taxpayers who pay principal and interest on postsecondary education loans. This deduction directly affects individuals with student loan debt who file state income taxes. The bill establishes this as a specific line-item deduction in the state tax code, reducing taxable income by the amount paid toward qualifying loans. It applies to both the principal and interest portions of the loan payments made during a taxable year. The policy change aims to provide tax relief for borrowers without specifying income thresholds or other eligibility conditions.
HB 5170 appropriates funds from the General Fund to Survivors of Homicide, Inc., a nonprofit organization, to provide mental health and supportive counseling services to families who have lost loved ones to homicide. The bill allocates a specific sum for the fiscal year ending June 30, 2027, directly supporting this organization’s existing services. This funding aims to prevent a potential loss of resources for these families during a critical time. The bill does not create new policy but secures ongoing financial support for an established program.
HB 5173 allocates additional state funding to the Department of Education for youth summer employment programs. The bill directs a specified sum from the General Fund to support these programs during the 2026-2027 fiscal year. This funding would directly support summer job opportunities for young people through existing state-run initiatives.
HB 5185 would impose a surcharge on capital gains and dividends for Connecticut taxpayers with adjusted gross income meeting the threshold for the state's highest marginal income tax rate. It directly affects high-income earners subject to Connecticut's top tax bracket, specifically targeting net gains from selling investments and dividend income. The bill amends state tax law to add this surcharge to the existing tax calculation for qualifying taxpayers. The policy change is a direct revenue measure applying only to those already paying the highest rate on ordinary income.
HB 5053 would create a tax credit for Connecticut taxpayers who donate to charities based in Connecticut. This credit would allow donors to reduce their state income tax bill by a portion of their donation amount. The bill specifically applies to donations made to charities headquartered or operating within Connecticut. It does not alter existing charitable deduction rules but provides a new credit for qualifying in-state donations.
SB 9 provides a tax credit for Connecticut businesses with 100 or more employees in federally designated "severe nonattainment" air quality areas (as defined by the Clean Air Act). The credit covers 50% of eligible spending on commuting programs that reduce single-occupancy vehicle trips, including public transportation, carpooling, or microtransit services, up to $250 per employee annually, with a total annual cap of $1.5 million. Businesses must submit a plan to the state transportation department detailing how they will implement these programs to qualify for the credit.
HB 5014 creates a tax credit for businesses that sponsor apprenticeships in information technology. It allows taxpayers to reduce their state income tax liability by a credit for qualified IT apprenticeship programs. The credit applies to apprenticeships started under approved training programs, directly benefiting employers who hire and train IT apprentices. This policy change provides a financial incentive for companies to develop workforce pipelines in technology fields without altering existing tax rates.
HB 5064 creates a $5,000 annual tax credit for farmers who donate food to charitable organizations, adjusted each year based on inflation using the consumer price index. This credit directly benefits farmers by reducing their state tax liability for food donations and supports charitable organizations receiving surplus food. The bill establishes a concrete financial incentive to encourage food donations, aiming to reduce waste while aiding food-insecure communities. It does not change existing food donation laws but provides a new tax benefit for qualifying donations.
SB 186 establishes a $2,000 refundable credit against personal income tax for volunteer firefighters, emergency medical technicians (EMTs), paramedics, and civil preparedness staff. This credit directly benefits these unpaid volunteers by reducing their tax liability, and if the credit exceeds their tax owed, they receive the difference as a cash refund. The bill amends the state tax code to create this refundable credit, providing financial recognition for their service without requiring them to pay additional taxes. It does not alter existing tax rates or apply to paid first responders.