The proposed bill, General Assembly Proposed Bill No. 182, aims to amend section 12-701 of the general statutes regarding personal income tax deductions for Social Security benefits. The bill introduces two key provisions: it seeks to exempt Social Security benefits for all taxpayers from the personal income tax, and it also proposes to require the qualifying income thresholds for personal income tax deductions for Social Security benefits to be adjusted in accordance with any change in the consumer price index. The intent of this legislation is to alleviate the tax burden on individuals receiving Social Security benefits by either fully exempting these benefits from taxation or ensuring that the income thresholds for deductions are updated to reflect inflation as indicated by the consumer price index. This approach aims to provide financial relief to taxpayers and ensure that the tax system remains equitable in light of changing economic conditions.