SENATE BILL 25

File Code: Taxes - Income

Sponsored By:

Senator Teitelbaum

Entitled:

Income Tax - Subtraction Modification - Assisted Living, Nursing Home, and Home Health Care Expenses

Synopsis:

Providing a subtraction modification under the State income tax for amounts contributed by the taxpayer on behalf of specified qualified beneficiaries for assisted living, nursing home, or home health care programs and services, not to exceed $5,000 for each qualified beneficiary for any taxable year; and applying the Act to taxable years beginning after December 31, 2000.

History by Legislative Date

Senate Action

11/8

Pre-filed

1/10

First Reading Budget and Taxation

1/9

Hearing 1/18 at 1:00 p.m.

3/19

Unfavorable Report by Budget and Taxation

House Action

No Action

Bill indexed under the following Subjects:

ASSISTED LIVING -see also- GROUP HOMES

EXEMPTIONS

HOME HEALTH CARE -see also- RESPITE CARE

INCOME TAX

NURSING HOMES -see also- CONTINUING CARE; LONG TERM CARE

Bill affects the following Statutes:

Tax - General

( 10-208 , 10-208 )

Documents:

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

Fiscal Note: Available (PDF)

Amendments: None offered