HOUSE BILL 182

File Code: Taxes - Income Prior Year Introduction As: HB 665/06 - W&M

Sponsored By:

Delegates Frank and N. King

Entitled:

Income Tax - Credit for Long-Term Care Insurance

Synopsis:

Increasing limits on the State income tax credit for employer-provided long-term care insurance from $100 to $300 per employee and from $5,000 to $15,000 total for each employer; applying the Act to tax years beginning after December 31, 2006; etc.

History by Legislative and Calendar Date

House Action

1/26

First Reading Ways and Means

1/31

Hearing 2/14 at 1:00 p.m.

Senate Action

No Action

Sponsored by:

Delegate William J. Frank, District 42

Delegate Nancy J. King, District 39

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

Work, Labor and Employment -see also- Col Barg; Holiday; etc

Bill affects the following Statutes:

Tax - General

( 10-710 , 10-710 )

Documents:

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

Fiscal and Policy Note (Displayed in PDF Format): Available

Amendments: None offered