File Code: Taxes - Income
Crossfiled with: SENATE BILL 171
- Sponsored By:
-
Delegates Redmer, Finifter, Elliott, James, Ports, Stocksdale,
Boutin, Klausmeier, Leopold, Marriott, Rzepkowski, O'Donnell,
Glassman, Hubbard, and Eckardt
- Entitled:
-
Income Tax - Credit for Long-Term Care Insurance Premiums
Allowing an individual a credit against the State income tax for 25%
of long-term care insurance premiums paid by the individual for the
individual or the individual's spouse, parent, stepparent, child, or
stepchild if the insured is a Maryland resident; limiting the credit
to $500 for each insured; requiring the Comptroller to report to the
Governor and the General Assembly regarding the credit annually
beginning December 1, 2005; applying the Act to tax years after 1999;
etc.
House Action
- 2/11
- First Reading Ways and Means
- 2/25
- Hearing 3/10 at 1:00 p.m.
- 3/25
- Unfavorable Report by Ways and Means
Senate Action
- No Action
- Sponsored by:
- Delegate Alfred W. Redmer, Jr., District 8
- Delegate Charles R. Boutin, District 34
- Delegate Adelaide C. Eckardt, District 37B
- Delegate Donald B. Elliott, District 4B
- Delegate Michael J. Finifter, District 11
- Delegate Barry Glassman, District 35A
- Delegate James W. Hubbard, District 23
- Delegate Mary-Dulany James, District 34
- Delegate Katherine Klausmeier, District 8
- Delegate John R. Leopold, District 31
- Delegate Salima Siler Marriott, District 40
- Delegate Anthony J. O'Donnell, District 29C
- Delegate James F. Ports, Jr., District 8
- Delegate James E. Rzepkowski, District 32
- Delegate Nancy R. Stocksdale, District 5
- Bill indexed under the following Subjects:
- COMPTROLLER
- HEALTH INSURANCE -see also- HMOS; MANAGED CARE ORGANIZATIONS
- INCOME TAX
- LONG TERM CARE -see also- CONTINUING CARE; NURSING HOMES
- REPORTS
- TAX CREDITS -see also- CIRCUIT BREAKER
- Bill affects the following Statute:
- Tax - General
- (
10-718
)
- Bill Text:
First Reading (PDF),
Third Reading, Enrolled
- Fiscal Note:
Available (PDF)
- Amendments:
None offered