A “Citizens in Need Fund” for CT

March 18, 2018

A “Citizens in Need Fund” for CT
As lawmakers consider responses to federal tax changes, State Sen. Len Suzio is again pushing for the creation of social service fund that would accept donations in exchange for a tax break.

The “Citizens in Need Fund” would be used to fund social services in the state budget, and allow contributors to deduct the donations, at a rate of 200-percent, from their taxable income.

“I think the state’s financial condition is so dire, and I think the federal tax changes are so significant in their implications, and this addresses both those issues at the same time,” Suzio, R-Meriden, said.

http://www.myrecordjournal.com/News/Meriden/Meriden-News/Suzio-reintroduces-Citizens-in-Need-fund.html#ath