The proposed bill, General Assembly Proposed Bill No. 5067, aims to amend chapter 229 of the general statutes to introduce a personal income tax deduction for certain unreimbursed medical expenses. Specifically, the bill allows taxpayers to deduct unreimbursed medical expenses that exceed seven and one-half percent of their adjusted gross income. This change is intended to provide financial relief to individuals who incur significant medical costs that are not covered by insurance.

The bill does not include any deletions from current law but focuses solely on the insertion of the new tax deduction provision. By establishing this deduction, the bill seeks to alleviate the financial burden on taxpayers who face high medical expenses, thereby promoting better access to healthcare and supporting individuals in managing their healthcare costs more effectively.