Connecticut 2011 Regular Session

Connecticut Senate Bill SB00030 Compare Versions

Only one version of the bill is available at this time.
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11 General Assembly Proposed Bill No. 30
22 January Session, 2011 LCO No. 495
33 Referred to Committee on Aging
44 Introduced by:
55 SEN. PRAGUE, 19th Dist.
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77 General Assembly
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99 Proposed Bill No. 30
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1111 January Session, 2011
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1313 LCO No. 495
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1515 Referred to Committee on Aging
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1717 Introduced by:
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1919 SEN. PRAGUE, 19th Dist.
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2121 AN ACT CONCERNING AN EXEMPTION FROM THE PERSONAL INCOME TAX FOR THE SALE OF SECURITIES TO PAY NURSING EXPENSES.
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2323 Be it enacted by the Senate and House of Representatives in General Assembly convened:
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2525 That section 12-701 of the general statutes be amended to provide an exemption from the personal income tax for the proceeds of the sale of stocks or bonds, where the proceeds of such sale are used to pay for nursing care for a spouse, either in a home setting or in a nursing home.
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2727 Statement of Purpose:
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2929 To ease the financial burden of providing nursing care for a spouse.