The proposed bill, General Assembly Proposed Bill No. 5053, aims to amend the general statutes to introduce a tax credit for taxpayers who make donations to charities based in Connecticut. This initiative is designed to encourage charitable giving within the state, thereby supporting local organizations and communities.

The bill does not specify any deletions from current law but focuses on the insertion of new legal language that establishes the tax credit for donations to Connecticut-based charities. The intent is to provide financial incentives for individuals to contribute to local charitable causes, fostering a culture of philanthropy in Connecticut.