SENATE BILL 496

File Code: Taxes - Income

Sponsored By:

Senator Haines

Entitled:

Income Tax - Credit for Long-Term Care Premiums

Synopsis:

Repealing a limitation on claiming the income tax credit for eligible long-term care premiums for more than one year with respect to the same insured individual; and applying the Act to tax years beginning after December 31, 2004.

History by Legislative Date

Senate Action

2/4

First Reading Budget and Taxation

3/9

Hearing 3/22 at 1:00 p.m.

House Action

No Action

Bill indexed under the following Subjects:

HEALTH INSURANCE -see also- HMOS; MANAGED CARE ORGANIZATIONS

INCOME TAX

INSURANCE -see also- HEALTH INS; MAIF; MOTOR VEHICLE INS

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 (Displayed in PDF Format): First Reading, Third Reading, Enrolled

Fiscal Note (Displayed in PDF Format): Available

Amendments: None offered