1999 Regular Session

SENATE BILL 157

File Code: Income Prior Year Introduction As: SB 639/98 - B&T Crossfiled with: HOUSE BILL 727
Sponsored By:
Senators Hollinger, Collins, Dorman, Green, Jacobs, Blount, Lawlah, Ferguson, Hoffman, Sfikas, Middleton, Teitelbaum, Stone, Conway, Colburn, Bromwell, Astle, Kelley, Forehand, Hooper, Munson, and Roesser
Entitled:
Income Tax - Credit for Long-Term Care Insurance Premiums

Synopsis:

Allowing an individual a credit against the State income tax in the amount of 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 $100 for each insured; etc.

History by Legislative Date

Senate Action
1/27
First Reading Budget and Taxation
2/3
Hearing 2/10 at 1:30 p.m.
3/22
Unfavorable Report by Budget and Taxation
House Action
No Action
Sponsored by:
Senator Paula Colodny 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 Arthur Dorman, District 21
Senator Timothy R. Ferguson, District 4
Senator Jennie M. Forehand, District 17
Senator Leo E. Green, District 23
Senator Barbara A. Hoffman, District 42
Senator J. Robert Hooper, District 35
Senator Nancy Jacobs, District 34
Senator Delores G. Kelley, District 10
Senator Gloria Lawlah, District 26
Senator Thomas McLain Middleton, District 28
Senator Donald F. Munson, District 2
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:
HEALTH INSURANCE -see also- HMO; MANAGED CARE ORGANIZATIONS.
INCOME TAX
LONG TERM CARE -see also- CONTINUING CARE; NURSING HOMES
TAX CREDITS -see also- CIRCUIT BREAKER
Bill affects the following Statute:
Tax - General
( 10-712 )

Documents:

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

Amendments: None offered