AN ACT ESTABLISHING A PERSONAL INCOME TAX DEDUCTION FOR LONG-TERM CARE INSURANCE PREMIUM PAYMENTS.

Plain English Breakdown

The official source material does not provide specific details on the extent of the tax deduction or eligibility criteria.

Law Making Long-Term Care Insurance Premiums Tax Deductible

This law allows people to deduct the cost of long-term care insurance from their state income taxes.

What This Bill Does

• Creates a new tax deduction for people who pay for long-term care insurance.
• Allows individuals to reduce their taxable income by the amount they spend on long-term care insurance premiums.

Who It Names or Affects

• People who buy long-term care insurance and pay taxes in this state.

Terms To Know

Long-term care insurance

Insurance that helps cover the costs of caring for someone over a long period, often due to illness or disability.

Tax deduction

An amount subtracted from taxable income before calculating taxes owed.

Limits and Unknowns

• The exact details on how much can be deducted are not specified in the summary.
• It is unclear if there will be limits or requirements for who qualifies for this deduction.

Official Summary Text

To establish a personal income tax deduction for premiums paid for long-term care insurance.

Current Bill Text

LCO No. 106 1 of 1

General Assembly Proposed Bill No. 5026
February Session, 2026 LCO No. 106

Referred to Committee on FINANCE, REVENUE AND
BONDING

Introduced by:
REP. ZAWISTOWSKI, 61st Dist.

AN ACT ESTABLISHING A PERSONAL INCOME TAX DEDUCTION
FOR LONG-TERM CARE INSURANCE PREMIUM PAYMENTS.
Be it enacted by the Senate and House of Representatives in General
Assembly convened:

That the general statutes be amended to establish a personal income 1
tax deduction for premiums paid for long-term care insurance. 2
Statement of Purpose:
To establish a personal income tax deduction for premiums paid for
long-term care insurance.