Bill Text: CT HB05014 | 2016 | General Assembly | Introduced

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Bill Title: An Act Concerning Income Tax Deductions For Contributions To An Able Account.

Spectrum: Partisan Bill (Republican 1-0)

Status: (Introduced - Dead) 2016-02-03 - Referred to Joint Committee on Finance, Revenue and Bonding [HB05014 Detail]

Download: Connecticut-2016-HB05014-Introduced.html

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General Assembly		Proposed Bill No. 5014
February Session, 2016		LCO No. 155
		*00155*
Referred to Committee on FINANCE, REVENUE AND BONDING
Introduced by:
REP. HARDING, 107th Dist.

AN ACT CONCERNING INCOME TAX DEDUCTIONS FOR CONTRIBUTIONS TO AN ABLE ACCOUNT.

Be it enacted by the Senate and House of Representatives in General Assembly convened:

That chapter 229 of the general statutes be amended to allow a deduction from the personal income tax for contributions made to an achieving a better life experience account pursuant to sections 3-39j to 3-39q, inclusive, of the general statutes.

Statement of Purpose:

To allow a deduction from the personal income tax for contributions made to an ABLE account.