General Assembly Proposed Bill No. 5028
February Session, 2016 LCO No. 189
*00189*
Referred to Committee on FINANCE, REVENUE AND BONDING
Introduced by:
REP. BETTS, 78th Dist.
General Assembly
Proposed Bill No. 5028
February Session, 2016
LCO No. 189
*00189*
Referred to Committee on FINANCE, REVENUE AND BONDING
Introduced by:
REP. BETTS, 78th Dist.
AN ACT ESTABLISHING A CREDIT AGAINST THE PERSONAL INCOME TAX FOR LONG-TERM CARE INSURANCE POLICY COSTS.
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 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.