General Assembly

 

Proposed Bill No. 5067

 

January Session, 2017

 

LCO No. 193

 

*00193*

Referred to Committee on FINANCE, REVENUE AND BONDING

 

Introduced by:

 

REP. SAMPSON, 80th Dist.

 

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

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 tax 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.