SENATE BILL 138

File Code: Taxes - Income Prior Year Introduction As: SB 496/05 - B&T

Sponsored By:

Senators Haines and Green

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, 2005.

History by Legislative Date

Senate Action

1/18

First Reading Budget and Taxation

2/8

Hearing 2/22 at 1:00 p.m.

2/15

Hearing cancelled

Hearing 2/22 at 12:30 p.m.

House Action

No Action

Sponsored by:

Senator Larry E. Haines, District 5

Senator Leo E. Green, District 23

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

Fiscal Note (Displayed in PDF Format): Available

Amendments: None offered