Connecticut-2013-SB00017-Introduced


General Assembly		*Proposed Bill No. 17*
*January Session, 2013*		LCO No. 31

Referred to Committee on FINANCE, REVENUE AND BONDING
Introduced by:
SEN. CRISCO, 17^th Dist.

AN ACT CONCERNING THE DEDUCTIBILITY OF AMORTIZABLE BOND PREMIUM.

Be it enacted by the Senate and House of Representatives in General Assembly convened:

That subparagraph (B)(ix) of subdivision (20) of subsection (a) of section 12-701 of the general statutes be amended to allow any state resident to deduct amortizable bond premium from such resident's personal income tax.

Statement of Purpose:

To allow any state resident to deduct amortizable bond premium.