LCO No. 1058 1 of 1 General Assembly Proposed Bill No. 127 January Session, 2019 LCO No. 1058 Referred to Committee on FINANCE, REVENUE AND BONDING Introduced by: SEN. KELLY, 21st Dist. AN ACT ESTABLISHING AN INCOME TAX DEDUCTION FOR LONG - TERM CARE INSURANCE POLICY PREMIUMS. Be it enacted by the Senate and House of Representatives in General Assembly convened: That chapter 229 of the general statutes be amended to establish a 1 tax deduction for long-term care insurance policy premiums. 2 Statement of Purpose: To establish a tax deduction for long-term care insurance policy premiums.