General Assembly Proposed Bill No. 167
February Session, 2014 LCO No. 651
Referred to Committee on INSURANCE AND REAL ESTATE
Introduced by:
SEN. KELLY, 21st Dist.
General Assembly
Proposed Bill No. 167
February Session, 2014
LCO No. 651
Referred to Committee on INSURANCE AND REAL ESTATE
Introduced by:
SEN. KELLY, 21st Dist.
AN ACT CONCERNING A TAX CREDIT FOR LONG-TERM CARE INSURANCE.
Be it enacted by the Senate and House of Representatives in General Assembly convened:
That the general statutes be amended to establish an income tax credit for an individual or company that purchases an individual or group long-term care insurance policy that provides benefits for care in an insured's home.
Statement of Purpose:
To provide an income tax credit incentive for the purchase of long-term care insurance that provides benefits for care in an insured's home.