Bill Text: CT HB05029 | 2018 | General Assembly | Introduced
Bill Title: An Act Establishing An Income Tax Deduction For Able Account Deposits.
Spectrum: Partisan Bill (Republican 1-0)
Status: (Introduced - Dead) 2018-02-07 - Referred to Joint Committee on Finance, Revenue and Bonding [HB05029 Detail]
Download: Connecticut-2018-HB05029-Introduced.html
General Assembly |
Proposed Bill No. 5029 |
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February Session, 2018 |
LCO No. 76 | ||||
*00076* | |||||
Referred to Committee on FINANCE, REVENUE AND BONDING |
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Introduced by: |
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REP. HARDING, 107th Dist. |
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AN ACT ESTABLISHING AN INCOME TAX DEDUCTION FOR ABLE ACCOUNT DEPOSITS.
Be it enacted by the Senate and House of Representatives in General Assembly convened:
That section 12-701 of the general statutes be amended to establish a deduction from the personal income tax for deposits made by a taxpayer to an achieving a better life experience account.
Statement of Purpose:
To establish a deduction from the personal income tax for deposits made by a taxpayer to an achieving a better life experience account.