General Assembly Proposed Bill No. 642
January Session, 2011 LCO No. 622
Referred to Committee on Finance, Revenue and Bonding
Introduced by:
SEN. KELLY, 21st Dist.
General Assembly
Proposed Bill No. 642
January Session, 2011
LCO No. 622
Referred to Committee on Finance, Revenue and Bonding
Introduced by:
SEN. KELLY, 21st Dist.
AN ACT CONCERNING A TAX CREDIT FOR CERTAIN INDIVIDUAL AND GROUP LONG-TERM CARE INSURANCE POLICIES.
Be it enacted by the Senate and House of Representatives in General Assembly convened:
That title 12 of the general statutes be amended to create a tax credit for any person or company doing business in the state that purchases an individual or group long-term care policy, as defined in sections 38a-501 and 38a-528 of the general statutes, respectively, that provides benefits for confinement in the insured's own home.
Statement of Purpose:
To provide incentives for long-term care policies that provide benefits for confinement in the insured's own home.