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

SB 78 eliminates income limits that previously restricted who could deduct Social Security benefits from their personal income tax. It directly affects taxpayers receiving Social Security benefits who currently face income thresholds preventing the full deduction. The bill amends section 12-701 of the general statutes to remove these qualifying income thresholds, allowing all eligible Social Security benefit recipients to deduct their benefits regardless of their total income level. This change simplifies the tax deduction process for affected taxpayers without altering the deduction amount itself.