HB5144 — AN ACT ESTABLISHING A PERSONAL INCOME TAX DEDUCTION FOR CERTAIN PAYMENTS RECEIVED FROM AN INSURANCE COMPANY.

HB5144 — AN ACT ESTABLISHING A PERSONAL INCOME TAX DEDUCTION FOR CERTAIN PAYMENTS RECEIVED FROM AN INSURANCE COMPANY. · Informed CitizenryThis bill amends General Statutes section 12-701 to establish a personal income tax deduction for taxpayers who receive payments from an insurance company in exchange for the buyout or cancellation…Open in Informed Citizenry