Proposed H.B. No. 5144
Session Year 2025

AN ACT ESTABLISHING A PERSONAL INCOME TAX DEDUCTION FOR CERTAIN PAYMENTS RECEIVED FROM AN INSURANCE COMPANY.

To establish a personal income tax deduction for the portion of any payment from an insurance company received by a taxpayer (1) in exchange for a buyout or cancellation of a long-term care insurance policy, and (2) that is properly includable in gross income for federal income tax purposes.

Other Bills with Similar Topics

  Income tax deductions (State) 

 

• HB05028 - AN ACT ESTABLISHING A PERSONAL INCOME TAX DEDUCTION FOR STIPENDS PAID TO CERTAIN VOLUNTEER FIREFIGHTERS OR VOLUNTEER AMBULANCE MEMBERS.
• HB05030 - AN ACT ESTABLISHING A PERSONAL INCOME TAX DEDUCTION FOR LONG-TERM CARE INSURANCE PREMIUM PAYMENTS.
• HB05031 - AN ACT ESTABLISHING A PERSONAL INCOME TAX DEDUCTION FOR FULL-TIME HOME HEALTH CARE COSTS.
• HB05034 - AN ACT ESTABLISHING A PERSONAL INCOME TAX DEDUCTION FOR STIPENDS PAID TO CERTAIN VOLUNTEER EMERGENCY PERSONNEL.
• HB05145 - AN ACT INCREASING THE AMOUNT OF THE PERSONAL INCOME TAX DEDUCTION FOR CONTRIBUTIONS TO STATE-ESTABLISHED 529 QUALIFIED STATE TUITION PROGRAMS.
• HB05149 - AN ACT ESTABLISHING A PERSONAL INCOME TAX DEDUCTION FOR MILITARY FUNERAL HONOR GUARD DETAIL COMPENSATION.
• HB05154 - AN ACT CONCERNING THE PERSONAL INCOME TAX DEDUCTIONS FOR SOCIAL SECURITY BENEFITS, PENSION AND ANNUITY INCOME AND DISTRIBUTIONS FROM CERTAIN INDIVIDUAL RETIREMENT ACCOUNTS.
• HB05408 - AN ACT ELIMINATING THE QUALIFYING INCOME THRESHOLDS FOR THE PERSONAL INCOME TAX DEDUCTIONS FOR SOCIAL SECURITY BENEFITS.
• HB05411 - AN ACT ESTABLISHING A CHILD PERSONAL INCOME TAX DEDUCTION.
• HB05413 - AN ACT ELIMINATING THE QUALIFYING INCOME THRESHOLDS FOR THE PERSONAL INCOME TAX DEDUCTIONS FOR SOCIAL SECURITY BENEFITS.
• HB05418 - AN ACT ESTABLISHING A CHILD PERSONAL INCOME TAX DEDUCTION.
• HB05550 - AN ACT CONCERNING THE QUALIFYING INCOME THRESHOLDS FOR CERTAIN PERSONAL INCOME TAX DEDUCTIONS FOR MARRIED INDIVIDUALS FILING JOINTLY.
• HB05551 - AN ACT ESTABLISHING A PERSONAL INCOME TAX DEDUCTION FOR CERTAIN GAMBLING LOSSES.
• HB05552 - AN ACT CONCERNING THE BONUS DEPRECIATION TAX DEDUCTION SCHEDULE FOR PASS-THROUGH ENTITIES.
• HB05728 - AN ACT ESTABLISHING A PERSONAL INCOME TAX DEDUCTION FOR TIPS OR GRATUITIES.
• HB05753 - AN ACT CONCERNING THE AMOUNT OF THE PERSONAL INCOME TAX DEDUCTION FOR CONTRIBUTIONS TO STATE-ESTABLISHED 529 QUALIFIED STATE TUITION PROGRAMS.
• HB05770 - AN ACT ESTABLISHING A PERSONAL INCOME TAX DEDUCTION FOR STIPENDS PAID TO VOLUNTEER FIREFIGHTERS.
• HB05971 - AN ACT ESTABLISHING A PERSONAL INCOME TAX DEDUCTION FOR THE PUBLIC BENEFITS CHARGE ON ELECTRIC BILLS.
• HB05973 - AN ACT CONCERNING THE PERSONAL INCOME TAX DEDUCTION FOR INCOME RECEIVED FROM THE STATE TEACHERS' RETIREMENT SYSTEM.
• HB05975 - AN ACT ESTABLISHING A PERSONAL INCOME TAX DEDUCTION FOR TIPS OR GRATUITIES.
• HB06317 - AN ACT ELIMINATING THE QUALIFYING INCOME THRESHOLDS FOR THE PERSONAL INCOME TAX DEDUCTIONS FOR SOCIAL SECURITY BENEFITS.
• HB06318 - AN ACT ELIMINATING THE QUALIFYING INCOME THRESHOLDS FOR THE PERSONAL INCOME TAX DEDUCTIONS FOR SOCIAL SECURITY BENEFITS, PENSION OR ANNUITY INCOME AND CERTAIN INDIVIDUAL RETIREMENT ACCOUNT DISTRIBUTIONS.
• HB06458 - AN ACT CONCERNING PERSONAL INCOME TAX DEDUCTIONS FOR SENIORS.
• HB06459 - AN ACT ESTABLISHING A PERSONAL INCOME TAX DEDUCTION FOR STIPENDS PAID TO VOLUNTEER FIREFIGHTERS AND VOLUNTEER AMBULANCE MEMBERS.
• HB06461 - AN ACT ELIMINATING THE ESTATE AND GIFT TAXES AND THE QUALIFYING INCOME THRESHOLDS FOR CERTAIN PERSONAL INCOME TAX DEDUCTIONS.
• HB06463 - AN ACT ELIMINATING THE QUALIFYING INCOME THRESHOLDS FOR THE PERSONAL INCOME TAX DEDUCTIONS FOR SOCIAL SECURITY BENEFITS.
• HB06464 - AN ACT ESTABLISHING A PERSONAL INCOME TAX DEDUCTION FOR THE COSTS OF HOME HEALTH CARE.
• HB06465 - AN ACT INCREASING THE QUALIFYING INCOME THRESHOLDS FOR THE PERSONAL INCOME TAX DEDUCTIONS FOR SOCIAL SECURITY BENEFITS.
• HB06876 - AN ACT ESTABLISHING FIRST-TIME HOMEBUYER SAVINGS ACCOUNTS AND A RELATED TAX DEDUCTION AND CREDIT.
• HB07007 - AN ACT PROVIDING AN INCOME TAX DEDUCTION FOR INDIVIDUALS CARING FOR ELDERLY PERSONS, CHILDREN OR DISABLED PERSONS.
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• HB07269 - AN ACT ESTABLISHING A PERSONAL INCOME TAX DEDUCTION FOR A PORTION OF THE RENT PAID BY CERTAIN TAXPAYERS FOR A PRIMARY RESIDENCE IN THE STATE.
• SB00058 - AN ACT AUTHORIZING RESIDENTS LIVING IN A FLOOD ZONE TO LAY UP TO TEN THOUSAND CUBIC YARDS OF LANDSCAPE FILL PER YEAR IN THEIR YARD AND ESTABLISHING A TAX DEDUCTION FOR THE COSTS OF SUCH FILL AND A GRANT PROGRAM FOR ROAD RAISING.
• SB00108 - AN ACT ESTABLISHING A PERSONAL INCOME TAX DEDUCTION FOR COLLEGE TUITION PAYMENTS MADE BY A TAXPAYER.
• SB00110 - AN ACT ESTABLISHING A PERSONAL INCOME TAX DEDUCTION FOR STIPENDS PAID TO CERTAIN VOLUNTEER FIREFIGHTERS OR VOLUNTEER AMBULANCE MEMBERS.
• SB00113 - AN ACT INCREASING THE AMOUNT OF THE PERSONAL INCOME TAX DEDUCTION FOR CONTRIBUTIONS TO STATE-ESTABLISHED 529 QUALIFIED STATE TUITION PROGRAMS.
• SB00121 - AN ACT CONCERNING THE QUALIFYING INCOME THRESHOLDS FOR THE SOCIAL SECURITY BENEFITS DEDUCTION FROM THE PERSONAL INCOME TAX.
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• SB01401 - AN ACT ESTABLISHING DISASTER SAVINGS ACCOUNTS AND A RELATED TAX DEDUCTION AND CREDIT.
• SB01429 - AN ACT ESTABLISHING A PERSONAL INCOME TAX DEDUCTION FOR MILITARY FUNERAL HONOR GUARD DETAIL COMPENSATION.
• SB01443 - AN ACT CONCERNING THE PROVISION OF SURVIVOR'S BENEFITS AND HEALTH INSURANCE COVERAGE TO FAMILY MEMBERS OF CORRECTION OFFICERS, COURT SUPPORT SERVICES DIVISION INVESTIGATORS, CRIMINAL JUSTICE DIVISION INVESTIGATORS AND OFFICE OF THE CHIEF PUBLIC DEFENDER INVESTIGATORS KILLED IN THE LINE OF DUTY.

  Long term care insurance 

 

• HB05030 - AN ACT ESTABLISHING A PERSONAL INCOME TAX DEDUCTION FOR LONG-TERM CARE INSURANCE PREMIUM PAYMENTS.
• HB05066 - AN ACT ESTABLISHING CONTRACTED PREMIUM RATES FOR LONG-TERM CARE INSURANCE POLICIES.
• HB05280 - AN ACT CONCERNING CONSUMER PROTECTIONS FOR LONG-TERM CARE INSURANCE.
• HB05328 - AN ACT CONCERNING LONG-TERM CARE INSURANCE.
• HB05439 - AN ACT ESTABLISHING A TAX CREDIT FOR PREMIUM PAYMENTS FOR CERTAIN LONG-TERM CARE INSURANCE POLICIES.
• HB05774 - AN ACT REQUIRING A STUDY OF PREMIUM RATES FOR LONG-TERM CARE INSURANCE.
• HB07183 - AN ACT CONCERNING THE REGULATION OF LONG-TERM CARE INSURANCE, REPORTS CONCERNING SUCH INSURANCE AND A LIMITED PERFORMANCE AUDIT OF THE CONNECTICUT PARTNERSHIP FOR LONG-TERM CARE.
• HB07226 - AN ACT CONCERNING LONG-TERM CARE INSURANCE AND ELIGIBILITY FOR STATE CONTRACTS.
• SB00184 - AN ACT CONCERNING CONSUMER PROTECTION IN THE LONG-TERM CARE INSURANCE MARKET.
• SB00187 - AN ACT CONCERNING THE REGULATION OF PREMIUM RATES ON LONG-TERM CARE INSURANCE POLICIES.
• SB00452 - AN ACT CONCERNING CONSUMER PROTECTIONS FOR LONG-TERM CARE INSURANCE POLICYHOLDERS.
• SB01129 - AN ACT CONCERNING LONG-TERM CARE INSURANCE PREMIUM RATE INCREASES.
• SB01269 - AN ACT CONCERNING LONG-TERM CARE INSURANCE.
• SB01278 - AN ACT CONCERNING LONG-TERM CARE INSURANCE PREMIUM RATES.
• SB01420 - AN ACT CONCERNING THE CONNECTICUT PARTNERSHIP FOR LONG-TERM CARE.