CT SB00734

Establishes a "citizens in need account" within the General Fund to assist state residents whose social services benefits have been reduced due to budgetary constraints, with moneys expended by the Comptroller in consultation with the Commissioner of Social Services

Allows taxpayers to make charitable contributions to the citizens in need account and claim a tax deduction of 200% of the contribution amount from state income taxes

Authorizes the Commissioner of Social Services to adopt regulations establishing eligibility criteria for social services programs, disbursement methods, and amounts and schedules for distributions from the account

Adds citizens in need account contributions to the list of Connecticut income tax deductions under section 12-701

Effective July 1, 2017, and applicable to taxable years beginning on or after January 1, 2017