HB 5596 - 2014-2015 Budget - Connecticut Key Vote
Michael D'Agostino voted Yea (Passage) on this Legislation.
Timeline
- Executive Signed
- May 29, 2014
- Senate Bill Passed
- May 4, 2014
- House Bill Passed
- May 3, 2014
- Introduced
- May 2, 2014
Related Issues
Stage Details
Title: 2014-2015 Budget
Signed by Governor Dan Malloy
Title: 2014-2015 Budget
Vote Smart's Synopsis:
Vote to pass a bill that appropriates funds for fiscal year 2014-2015.
Highlights:
- Specifies that “miscellaneous” taxes will account for $95.2 million in revenue for the 2014-2015 fiscal year (Sec. 55).
- Exempts the following percentages of income received from the state teacher’s retirement system from the federal income tax (Sec. 50):
- 10 percent in the taxable year beginning January 1, 2015;
- 25 percent in the taxable year beginning January 1, 2016; and
- 50 percent in the taxable year beginning January 1, 2017 and each taxable year thereafter.
Title: 2014-2015 Budget
Vote Smart's Synopsis:
Vote to pass a bill that appropriates funds for fiscal year 2014-2015.
Highlights:
- Specifies that “miscellaneous” taxes will account for $95.2 million in revenue for the 2014-2015 fiscal year (Sec. 55).
- Exempts the following percentages of income received from the state teacher’s retirement system from the federal income tax (Sec. 50):
- 10 percent in the taxable year beginning January 1, 2015;
- 25 percent in the taxable year beginning January 1, 2016; and
- 50 percent in the taxable year beginning January 1, 2017 and each taxable year thereafter.
Title: 2014-2015 Budget