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Bill > SB00024


CT SB00024

CT SB00024
An Act Establishing A Tax Credit For Premium Payments For Certain Long-term Care Insurance Policies.


summary

Introduced
02/13/2024
In Committee
02/13/2024
Crossed Over
Passed
Dead
05/08/2024

Introduced Session

2024 General Assembly

Bill Summary

To establish a tax credit for the amount of premiums paid to purchase an individual or group long-term care insurance policy that provides benefits for health care provided in an insured's home.

AI Summary

This bill establishes a tax credit for the amount of premiums paid to purchase an individual or group long-term care insurance policy that provides benefits for health care provided in an insured's home. The purpose of this bill is to incentivize individuals to purchase long-term care insurance policies that cover in-home healthcare, which can help reduce the burden on public healthcare systems and enable more people to receive care in their own homes.

Committee Categories

Budget and Finance

Sponsors (1)

Last Action

Referred to Joint Committee on Finance, Revenue and Bonding (on 02/13/2024)

Bill Topics

Health
  • ‐ Long-term Care and Elderly Issues
Macroeconomics
  • ‐ Taxation, Tax Policy, and Tax Reform

bill text


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