Connecticut 2017 2017 Regular Session

Connecticut Senate Bill SB00350 Introduced / Bill

Filed 01/18/2017

                    General Assembly  Proposed Bill No. 350
January Session, 2017  LCO No. 2381
 *02381*
Referred to Committee on FINANCE, REVENUE AND BONDING
Introduced by:
SEN. KELLY, 21st Dist.

General Assembly

Proposed Bill No. 350 

January Session, 2017

LCO No. 2381

*02381*

Referred to Committee on FINANCE, REVENUE AND BONDING 

Introduced by:

SEN. KELLY, 21st Dist.

AN ACT CONCERNING A PROGRAM THAT MEETS THE REQUIREMENTS OF THE FEDERAL ABLE ACT AND ESTABLISHING A DEDUCTION AGAINST THE PERSONAL INCOME TAX FOR CONTRIBUTIONS MADE FOR SUCH PROGRAM.

Be it enacted by the Senate and House of Representatives in General Assembly convened:

That the general statutes be amended to (1) establish a program that meets the requirements of the federal Achieving a Better Life Experience Act, (2) allow individuals to establish accounts pursuant to such program to make contributions to pay for disability-related expenses, and (3) establish a deduction against the personal income tax for such contributions.

Statement of Purpose: 

To (1) establish a program that meets the requirements of the federal Achieving a Better Life Experience Act, (2) allow individuals to establish accounts pursuant to such program to make contributions to pay for disability-related expenses, and (3) establish a deduction against the personal income tax for such contributions.