2000 Regular Session

SENATE BILL 171

CHAPTER NUMBER: 242 File Code: Taxes - Income Crossfiled with: HOUSE BILL 1117
Sponsored By:
Senators Hollinger, Middleton, Lawlah, Munson, DeGrange, Forehand, Teitelbaum, Jacobs, Hooper, Roesser, Collins, Blount, Stone, Green, Dorman, Astle, Kelley, Ferguson, Mooney, Conway, Sfikas, Pinsky, Frosh, Colburn, and Bromwell
Entitled:
Income Tax - Credit for Long-Term Care Insurance Premiums

Synopsis:

Allowing an individual a credit against the State income tax for 100% 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.

History by Legislative Date

Senate Action
1/21
First Reading Budget and Taxation
1/26
Hearing 2/16 at 1:30 p.m.
3/24
Favorable with Amendments Report by Budget and Taxation
3/27
Favorable with Amendments Report Adopted
Second Reading Passed with Amendments
3/29
Third Reading Passed (47-0)
4/7
Returned Passed
5/11
Signed by the Governor Chapter 242
House Action
3/28
First Reading Ways and Means
3/30
Hearing 4/4 at 1:00 p.m.
4/8
Favorable Report by Ways and Means
4/5
Favorable Report Adopted
Second Reading Passed
4/6
Third Reading Passed (135-0)
Sponsored by:
Senator Paula C. Hollinger, District 11
Senator John C. Astle, District 30
Senator Clarence W. Blount, District 41
Senator Thomas L. Bromwell, District 8
Senator Richard F. Colburn, District 37
Senator Michael J. Collins, District 6
Senator Joan Carter Conway, District 43
Senator James E. DeGrange, Sr., District 32
Senator Arthur Dorman, District 21
Senator Timothy R. Ferguson, District 4
Senator Jennie M. Forehand, District 17
Senator Brian E. Frosh, District 16
Senator Leo E. Green, District 23
Senator J. Robert Hooper, District 35
Senator Nancy Jacobs, District 34
Senator Delores G. Kelley, District 10
Senator Gloria Lawlah, District 26
Senator Thomas M. Middleton, District 28
Senator Alexander X. Mooney, District 3
Senator Donald F. Munson, District 2
Senator Paul G. Pinsky, District 22
Senator Jean W. Roesser, District 15
Senator Perry Sfikas, District 46
Senator Norman R. Stone, Jr., District 7
Senator Leonard H. Teitelbaum, District 19
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 )

Documents:

Bill Text: First Reading (PDF), Third Reading (PDF), Enrolled
Fiscal Note: Available (PDF)
Amendments:
Senate
Number: 679230/1 (PDF)     Offered on: March 27, 2000   at: 9:25 p.m.     Status: Adopted
Roll Call Votes (Legislative dates are shown):
Senate
March 29, 2000: Third Reading Passed (47-0)
House
April 6, 2000: Third Reading Passed (135-0)