The proposed bill, General Assembly Proposed Bill No. 5089, aims to amend chapter 229 of the general statutes to exempt certain types of income from the personal income tax. Specifically, the bill seeks to exclude overtime wages, tips or gratuities, and Social Security benefits from taxable income. The intent of this legislation is to provide financial relief to individuals by reducing their taxable income, thereby potentially increasing their take-home pay. By removing these specific income sources from taxation, the bill aims to support workers who rely on overtime and tips, as well as those receiving Social Security benefits, enhancing their overall financial well-being.