File Code: Income
Crossfiled with: SENATE BILL 29
- Sponsored By:
-
Delegates Redmer, Rzepkowski, Elliott, Crumlin, Finifter, Ports, McKee,
Baldwin, Eckardt, Walkup, Kittleman, DeCarlo, Klausmeier, Morhaim,
Beck, M. Burns, Jacobs, Preis, and Schade
- Entitled:
-
Income Tax - Credit for Long-Term Care Insurance Premiums
Allowing an individual a credit against the State income tax in an
amount equal to 5% of the eligible long-term care insurance premiums
paid by the individual for long-term care insurance covering the
individual or the individual's spouse or dependent; providing that the
credit does not affect the Maryland income tax treatment of any
deduction or exclusion allowed for federal income tax purposes for the
eligible long-term care premiums; and applying the Act to tax years
beginning after 1996.
House Action
- 2/3
- First Reading Ways and Means
- 2/5
- Hearing 2/18 at 3:00 p.m.
- 3/18
- Unfavorable Report by Ways and Means
Senate Action
- No Action
- Sponsored by:
- Delegate Alfred W. Redmer, Jr., District 8
- Delegate Robert C. Baldwin, District 33
- Delegate Raymond Beck, District 39
- Delegate Michael W. Burns, District 32
- Delegate Michael A. Crumlin, District 25
- Delegate Diane DeCarlo, District 6
- Delegate Adelaide C. Eckardt, District 37B
- Delegate Donald B. Elliott, District 4B
- Delegate Michael J. Finifter, District 11
- Delegate Nancy Jacobs, District 34
- Delegate Robert H. Kittleman, District 14B
- Delegate Katherine Klausmeier, District 8
- Delegate Robert A. McKee, District 2A
- Delegate Dan K. Morhaim, District 11
- Delegate James F. Ports, Jr., District 8
- Delegate Mary Louise Preis, District 34
- Delegate James E. Rzepkowski, District 32
- Delegate Victoria L. Schade, District 31
- Delegate Mary Roe Walkup, District 36
- Bill indexed under the following Subjects:
- HEALTH INSURANCE -see also- HMO; MANAGED CARE ORGANIZATIONS.
- INCOME TAX
- INSURANCE -see also- HEALTH INSURANCE; MOTOR VEHICLE INS
- LONG TERM CARE
- TAX CREDITS
- Bill affects the following Statute:
- Tax - General
- (
10-708
)
- Bill Text:
- First Reading (PDF),
Third Reading, Enrolled
- Fiscal Note:
Available (PDF)