HOUSE BILL 396

File Code: Taxes - Income

Sponsored By:

Delegates Petzold and Redmer

Entitled:

Income Tax - Credit for Long-Term Care Insurance Premiums

Synopsis:

Eliminating the requirement that an insured individual not be covered by long-term care insurance at any time before July 1, 2000, in order to receive a credit against the State income tax for long-term care insurance premiums paid by the individual.

History by Legislative Date

House Action

2/1

First Reading Ways and Means

2/7

Hearing 2/21 at 11:00 a.m.

3/12

Unfavorable Report by Ways and Means

Senate Action

No Action

Sponsored by:

Delegate Carol S. Petzold, District 19

Delegate Alfred W. Redmer, Jr., District 8

Bill indexed under the following Subjects:

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

Bill affects the following Statute:

Tax - General

( 10-718 )

Documents:

Bill Text: First Reading (PDF), Third Reading, Enrolled

Fiscal Note: Available (PDF)

Amendments: None offered