(a) Any company filing the annual return required under section 12-205 for the income year commencing January 1, 2001, that, except for the amendment to section 12-202b made by section 4 of public act 02-3 providing for the repeal of the tax credit with respect to income years commencing on or after January 1, 2001, would have been entitled to take a credit under section 12-202b, shall be entitled for the fiscal year ending June 30, 2002, to a supplemental payment. The amount of the supplemental payment shall be equal to the amount of the credit the company would have received, provided such company, together with the final return, pays the full amount of the tax that is due and provides to the commissioner the computation of the amount of credit that could have been taken.
(b) For the fiscal year ending June 30, 2003, any company that received a payment under subsection (a) of this section shall be entitled to an additional supplemental payment equal to thirty-six dollars and seventy-five cents multiplied by the sum of the number of persons provided health care coverage by the taxpayer under the HUSKY Health program, as defined in section 17b-290, on the first day of each month, January to June, inclusive, of 2002, divided by six.
(P.A. 02-3, S. 5; P.A. 15-69, S. 7; P.A. 21-123, S. 7.)
History: P.A. 02-3 effective February 28, 2002; P.A. 15-69 amended Subsec. (b) to change “HUSKY Plan, Part A, HUSKY Plan, Part B” to “HUSKY Health program” and “HUSKY Plus programs” to “HUSKY Plus program”, effective June 19, 2015; P.A. 21-123 amended Subsec. (b) to delete reference to the HUSKY Plus program, effective July 6, 2021.
Structure Connecticut General Statutes
Chapter 207 - Insurance Companies and Health Care Centers Taxes
Section 12-201. - Definitions.
Section 12-201a. - Definitions.
Section 12-202. - Tax on direct premiums of domestic insurance companies. Exception.
Section 12-202a. - Tax on net direct subscriber charges of health care centers. Exceptions.
Section 12-202b. - Tax credit for providers of HUSKY coverage.
Section 12-202c. - Supplemental payments to providers of HUSKY coverage.
Section 12-203. - Tax on receipts of interest and dividends by domestic companies.
Section 12-204. - Assessment and collection of taxes.
Section 12-204a and 12-204b. - Declaration of estimated tax. Installment payments.
Section 12-204c. - Installment payments. Interest on unpaid installments.
Section 12-204d. - Payment and disposition of installments.
Section 12-204e. - Liability of fiduciary conducting or liquidating business.
Section 12-204f. - Overpayment of estimated and final taxes.
Section 12-204g. - Regulations.
Section 12-205. - Annual return. Extensions.
Section 12-206. - Penalties for late filing and wilful submission of fraudulent return or document.
Section 12-207. - Oaths and subpoenas.
Section 12-208. - Application for administrative hearing and appeal therefrom to Superior Court.
Section 12-209. - Tax to be in lieu of certain other taxes.
Section 12-210. - Tax on net direct premiums of nonresident and foreign companies.
Section 12-211. - Reciprocity.
Section 12-211a. - Limit on credits under this chapter. Exceptions.
Section 12-211b. - Order of credits claimed.
Section 12-211c. - Transfer of credit to affiliate.
Section 12-212b and 12-212c. - Employee welfare benefit plans; definitions. Imposition of tax.