The Connecticut legislature’s Finance, Revenue and Bonding Committee tabled a bill that would have established a $500 tax credit for the purchase by individuals of long-term health care insurance.

A note from the Office of Fiscal Analysis said the credit would have resulted in a general fund loss of $71.5 million in fiscal 2014, and $78.3 million and $84.6 million the following two years, as well as printing, programming and compliance assurance costs in fiscal 2014 and 2015, which combined total about $193,000.

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