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Bill > SB00071
CT SB00071
CT SB00071An Act Establishing A Tax Credit For Premium Payments For Certain Long-term Care Insurance Policies.
summary
Introduced
02/04/2026
02/04/2026
In Committee
02/04/2026
02/04/2026
Crossed Over
Passed
Dead
Introduced Session
2026 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 individuals and groups who pay premiums for long-term care insurance policies, specifically those that cover health care services received at home. This means that if you purchase a qualifying long-term care insurance policy, you can reduce the amount of taxes you owe by the amount you paid in premiums for that policy. The purpose of this legislation is to encourage people to obtain insurance that will help cover the costs of care they might need in their own homes as they age or if they become ill.
Committee Categories
Budget and Finance
Sponsors (2)
Last Action
Referred to Joint Committee on Finance, Revenue and Bonding (on 02/04/2026)
bill text
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bill summary
| Document Type | Source Location |
|---|---|
| State Bill Page | https://www.cga.ct.gov/asp/cgabillstatus/cgabillstatus.asp?selBillType=Bill&bill_num=SB00071&which_year=2026 |
| BillText | https://www.cga.ct.gov/2026/TOB/S/PDF/2026SB-00071-R00-SB.PDF |
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