March 7, 2013
AGING COMMITTEE BILLS FAVORABLY REPORTED TO THE FINANCE, REVENUE AND BONDING COMMITTEE
By: Nicole Dube, Associate Analyst
You asked for a brief summary of bills the Aging Committee favorably reported to the Finance, Revenue and Bonding Committee.
HB 5758 — AN ACT CONCERNING AN INCOME TAX DEDUCTION FOR LONG-TERM CARE INSURANCE PREMIUMS
This bill allows taxpayers to deduct long-term care insurance premiums from their state income tax.
EFFECTIVE DATE: Upon passage and applicable to tax years starting on or after January 1, 2013.
HB 6397 — AN ACT AUTHORIZING BONDS OF THE STATE FOR A SENIOR CENTER IN THE TOWN OF ELLINGTON
This bill authorizes the issuance of up to $1 million in state bonds to build a senior center in Ellington. The bond proceeds go to the Department of Construction Services, which must grant them to the town.
EFFECTIVE DATE: July 1, 2013