Bill Text: CT HB05028 | 2016 | General Assembly | Introduced


Bill Title: An Act Establishing A Credit Against The Personal Income Tax For Long-term Care Insurance Policy Costs.

Spectrum: Partisan Bill (Republican 1-0)

Status: (Introduced - Dead) 2016-02-03 - Referred to Joint Committee on Finance, Revenue and Bonding [HB05028 Detail]

Download: Connecticut-2016-HB05028-Introduced.html

General Assembly

 

Proposed Bill No. 5028

 

February Session, 2016

 

LCO No. 189

 

*00189*

Referred to Committee on FINANCE, REVENUE AND BONDING

 

Introduced by:

 

REP. BETTS, 78th Dist.

 

AN ACT ESTABLISHING A CREDIT AGAINST THE PERSONAL INCOME TAX FOR LONG-TERM CARE INSURANCE POLICY COSTS.

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

That chapter 229 of the general statutes be amended to provide a credit against the personal income tax to individuals who purchase or maintain a long-term care insurance policy.

Statement of Purpose:

To encourage individuals to purchase long-term care insurance.

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