Substitute Senate Bill No. 341, also known as Public Act No. 24-27, establishes the "Fallen Officer Fund" to provide a $100,000 lump sum death benefit to the families of police officers killed in the line of duty, in addition to other entitled benefits. The fund, which will accrue interest, is to be managed separately from other state funds, and the Comptroller is required to report annually on its status. The bill also amends tax deductions related to Connecticut adjusted gross income, increasing the income thresholds for deductions of Social Security benefits and including provisions for other types of income such as Holocaust victims' settlement payments and retirement pay for members of the Armed Forces or National Guard. The bill is effective from passage and applies to taxable years starting on or after January 1, 2024.

The bill further amends existing statutes by introducing new definitions and renumbering existing ones, such as "Health Care Cost Containment Committee" and "Police officer." It outlines procedures for nonstate public and nonprofit employers to apply for, renew, and withdraw from coverage under a partnership health care plan offered by the Comptroller, with a minimum participation period of two years. Additionally, the bill mandates the continuation of health care coverage for survivors of police officers killed in the line of duty and sets forth the application process for such coverage. It also restructures the "partnership plan premium account" and authorizes the Comptroller to charge fees, manage premium payments, and enforce payment compliance, with provisions for reimbursing employers from the Fallen Officer Fund under certain conditions. The effective date for these changes is July 1, 2024.

Statutes affected:
PS Joint Favorable Substitute: 3-123aaa, 3-123bbb, 3-123ccc, 3-123eee
File No. 219: 3-123aaa, 3-123bbb, 3-123ccc, 3-123eee
Public Act No. 24-27: 3-123aaa, 3-123bbb, 3-123ccc, 3-123eee