The proposed bill, General Assembly Proposed Bill No. 1182, aims to enhance the Circuit Breaker property tax credit by increasing the maximum tax relief amounts and expanding eligibility criteria. Specifically, the bill proposes to raise the maximum tax relief for eligible married couples to $2,500 and for eligible single individuals to $2,000. Additionally, it seeks to broaden the eligibility for this tax relief to include individuals who are sixty years of age or older.

To implement these changes, the bill amends sections 12-170aa, 12-170bb, and 12-720cc of the general statutes. The amendments include the insertion of new legal language that specifies the increased tax relief amounts and the expanded age eligibility, while no deletions from current law are indicated in the text provided. The overall purpose of the bill is to provide greater financial assistance to seniors and enhance the support available through the Circuit Breaker property tax credit.