2013 Regular Session



Income Tax - Credit for Long-Term Care Premiums

Sponsored by:

Delegate Hubbard


In the House - Hearing 3/15 at 1:00 p.m.

Synopsis:Altering a limitation on claiming the income tax credit for eligible long-term care insurance premiums for more than 1 year with respect to the same insured individual; altering the amount of the credit from a one-time $500 credit to an annual $200 credit; and applying the Act to all taxable years beginning after December 31, 2013.
Analysis:Fiscal and Policy Note
All Sponsors:Delegates Hubbard, Afzali, Aumann, Barkley, Barnes, Barve, Bates, Beidle, Bobo, Bohanan, Boteler, Braveboy, Bromwell, Cane, Cardin, Clagett, Cluster, Conaway, Costa, Cullison, Davis, DeBoy, Dwyer, Eckardt, Elliott, Frank, Frush, Gaines, George, Gilchrist, Gutierrez, Guzzone, Healey, Holmes, Hough, Howard, Hucker, Impallaria, Ivey, Kach, A. Kelly, Kipke, Kramer, Krebs, Lafferty, Lee, Love, Luedtke, McComas, McConkey, McDermott, McDonough, A. Miller, Minnick, Morhaim, Murphy, Myers, Nathan-Pulliam, Niemann, Oaks, Pena-Melnyk, Pendergrass, Proctor, Ready, Reznik, B. Robinson, S. Robinson, Rosenberg, Rudolph, Serafini, Smigiel, Sophocleus, Stocksdale, Summers, Szeliga, F. Turner, V. Turner, Valderrama, Valentino-Smith, Vallario, Vaughn, Vitale, Walker, M. Washington, Weir, and Wood
Additional Facts:Cross-filed with: SB0023
Introduced in a prior session as: HB0347 Session: 2012 Regular Session
Bill File Type: Regular
Effective Date(s): July 1, 2013
Ways and Means  View Committee Hearing
Broad Subject(s):Taxes - Income
Narrow Subject(s):Health Insurance -see also- HMOS; Managed Care Organizations
Income Tax
Long-Term Care -see also- Continuing Care; Nursing Homes
Tax Credits -see also- Circuit Breaker
Statutes:Article - Tax - General

How a Bill Becomes Law

Legislative Lingo

Explanation of Floor Motions and Actions

October 24, 2017 1:02 P.M.