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 proposed legal language includes the insertion of the new maximum relief amounts and the expansion of eligibility criteria, while no specific deletions from current law are noted in the summary provided. The overall intent of the bill is to provide greater financial support to senior citizens and eligible individuals through increased property tax credits.