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CT SB00642

Bill

Official Source

Status

Introduced

1/24/2011

Primary Sponsor

Kevin Kelly

Click for details

Origin

Senate

2011 General Assembly

AI Summary

  • Creates a tax credit under Title 12 of the general statutes for persons and companies doing business in the state that purchase individual or group long-term care insurance policies
  • Applies to long-term care policies as defined in sections 38a-501 and 38a-528 of the general statutes
  • Limits tax credit eligibility to policies that provide benefits for confinement in the insured's own home
  • Designed to incentivize purchase of long-term care insurance policies covering in-home care

Legislative Description

An Act Concerning A Tax Credit For Certain Individual And Group Long-term Care Insurance Policies.

Last Action

Referred to Joint Committee on Finance, Revenue and Bonding

1/24/2011

Committee Referrals

Finance, Revenue and Bonding1/24/2011

Full Bill Text

No bill text available