Connecticut HB5115: AN ACT ESTABLISHING A PERSONAL INCOME TAX DEDUCTION FOR CERTAIN LOSSES INCURRED AS A RESULT OF CRYPTOCURRENCY INVESTMENT FRAUD OR WIRE FRAUD.

What the bill says

An act ESTABLISHING A PERSONAL INCOME TAX DEDUCTION FOR CERTAIN LOSSES INCURRED AS A RESULT OF CRYPTOCURRENCY INVESTMENT FRAUD OR WIRE FRAUD. Assembly convened: That chapter 229 of the general statutes be amended to establish a personal income tax deduction for the amount properly deductible, for federal income tax purposes, as a loss resulting from cryptocurrency investment fraud or wire fraud. Statement of Purpose: To establish a personal income tax deduction for the amount properly deductible, for federal income tax purposes, as a loss resulting from cryptocurrency investment fraud or wire.

From the introduced text:

AN ACT ESTABLISHING A PERSONAL INCOME TAX DEDUCTION FOR CERTAIN LOSSES INCURRED AS A RESULT OF CRYPTOCURRENCY INVESTMENT FRAUD OR WIRE FRAUD. Assembly convened: That chapter 229 of the general statutes be amended to establish a personal income tax deduction for the amount properly deductible, for federal income tax purposes, as a loss resulting from cryptocurrency investment fraud or wire fraud. Statement of Purpose: To establish a personal income tax deduction for the amount properly deductible, for federal income tax purposes, as a loss resulting from cryptocurrency investment fraud or wire fraud. LCO No. 602 1 of

Read the full official text

Sponsors

• Jason Rojas (D, 9) · primary sponsor

Latest actions

1. April 16, 2026: File Number 664
2. April 16, 2026: House Calendar Number 439
3. April 16, 2026: Favorable Report, Tabled for the Calendar, House
4. April 16, 2026: Reported Out of Legislative Commissioners' Office