Connecticut Seal

General Assembly

Amendment

 

January Session, 2013

LCO No. 5475

   
 

*SB0116005475SRO*

Offered by:

 

SEN. KANE, 32nd Dist.

 

To: Senate Bill No. 1160

File No.

Cal. No.

"AN ACT CONCERNING GUN VIOLENCE PREVENTION AND CHILDREN'S SAFETY. "

After the last section, add the following and renumber sections and internal references accordingly:

"Sec. 501. (NEW) (Effective July 1, 2013, and applicable to taxable years commencing on or after January 1, 2013) (a) For the purposes of this section, "resident of this state" has the meaning provided in section 12-701 of the general statutes, "part-time resident of this state" has the meaning provided in section 12-701 of the general statutes, and "securely locked box or other container suitable to store or keep a firearm" means a securely locked box or other container that is suitable to store or keep a firearm on premises under a person's control in accordance with the requirements set forth in section 29-37i of the general statutes, as amended by this act.

(b) Any resident of this state or part-time resident of this state shall be allowed a credit in determining the amount of tax liability under chapter 229 of the general statutes equal to the amount of expenses paid or incurred by such taxpayer to purchase a securely locked box or other container suitable to store or keep a firearm. Such credit may only be used to reduce such resident's tax liability for the year for which such credit is applicable and shall not be used to reduce such tax liability to less than zero. The amount of tax due pursuant to sections 12-705 and 12-722 of the general statutes shall be calculated without regard to such credit. "

This act shall take effect as follows and shall amend the following sections:

Sec. 501

July 1, 2013, and applicable to taxable years commencing on or after January 1, 2013

New section