Proposed Bill No. 5986 aims to amend chapter 229 of the general statutes to establish a refundable child tax credit against the personal income tax. This credit would provide eligible tax filers with a benefit of six hundred dollars per child for up to three children. To qualify for this credit, single filers must have a federal adjusted gross income of one hundred thousand dollars or less, while married individuals filing jointly must have an income of two hundred thousand dollars or less.

The bill introduces new legal language to create this refundable child tax credit, which is a significant addition to the current tax framework. There are no deletions from existing law mentioned in the bill text, indicating that this proposal is an enhancement rather than a modification of existing tax provisions. The intent of the bill is to provide financial relief to families, thereby supporting child welfare and economic stability for lower to middle-income households.