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CT SB00153

Bill

Official Source

Status

Introduced

2/16/2018

Primary Sponsor

Aging Committee

Click for details

Origin

Senate

2018 General Assembly

AI Summary

  • Adds a new deduction (xxiv) to Connecticut's income tax law for long-term care insurance premiums paid during the taxable year.

  • Allows deduction of premiums for long-term care insurance policies issued under Connecticut General Statutes sections 38a-475, 38a-501, or 38a-528.

  • Takes effect immediately upon passage and applies to taxable years commencing on or after January 1, 2018.

  • Amends section 12-701(a)(20)(B) of the Connecticut General Statutes.

Legislative Description

An Act Concerning An Income Tax Deduction For Long-term Care Insurance Premiums.

Last Action

Favorable Change of Reference, House to Committee on Finance, Revenue and Bonding

3/19/2018

Committee Referrals

Finance, Revenue and Bonding3/15/2018
Select Committee on Aging2/16/2018

Full Bill Text

No bill text available