Proposed Bill No. 5134 aims to establish a refundable child tax credit against the personal income tax in Connecticut. The bill proposes to amend chapter 229 of the general statutes to provide a tax credit of six hundred dollars per child for up to three children. This credit would be available to taxpayers with a federal adjusted gross income of less than one hundred thousand dollars for single filers and two hundred thousand dollars or less for married individuals filing jointly.

The bill introduces new legal language to create this refundable child tax credit, while no specific deletions from current law are noted in the text provided. The intent of the bill is to provide financial relief to families, thereby supporting child welfare and economic stability for lower and middle-income households.