AN ACT CONCERNING LONG-TERM CARE INSURANCE PREMIUM RATES.

Summary

The measure replaces part of the state's income‑tax statute, listing additional items that can be subtracted from Connecticut adjusted gross income. It adds exemptions for certain federal‑tax‑exempt income, state bond interest, railroad retirement benefits, depreciation allowances, and specific Social Security calculations. These changes will affect the income base used for things like long‑term‑care‑insurance premium rates.

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