1997 Regular Session

SENATE BILL 467

File Code: Income
Sponsored By:
Senator Teitelbaum
Entitled:
Income Tax - Credit for Long-Term Care Expenses

Synopsis:

Allowing an individual a credit against the State income tax in an amount equal to 20% of the expenses paid by the individual for qualified long-term care services provided to the individual or the individual's spouse or dependents, subject to a maximum $300 credit for each taxable year; and applying the Act to tax years after 1996.

Legislative History

Senate Action
1/30
First Reading Budget and Taxation
2/5
Hearing 2/19 at 1:30 p.m.
3/10
Unfavorable Report by Budget and Taxation
House Action
No Action
Bill indexed under the following Subjects:
INCOME TAX
LONG TERM CARE
TAX CREDITS
Bill affects the following Statute:
Tax - General
( 10-708 )

Documents:

Bill Text:
First Reading (PDF), Third Reading, Enrolled
Fiscal Note: Available (PDF)