Legislation - HB0327

Title: Income Tax - Credit for Long-Term Care Premiums (Long-Term Care Relief Act of 2025)
Sponsored by: Delegate Stewart
Status: In the House - Hearing 1/30 at 1:00 p.m.
Analysis: Fiscal and Policy Note

Synopsis

Limiting eligibility for a credit against the State income tax for certain long-term care insurance premiums paid by a taxpayer for long-term care insurance purchased before January 1, 2005, to taxpayers who are at least 85 years old with a Maryland adjusted gross income of less than $100,000 for an individual or $200,000 for a joint filer; altering the maximum amount of the credit; and applying the Act to all taxable years beginning after December 31, 2024.

Committees

Original:: Ways and Means

Details

Cross-filed with: SB0155

Introduced in a prior session as: HB0218 Session: 2024 Regular Session

Bill File Type: Regular

Effective Date(s): July 1, 2025

History

Legislation History
Chamber House Calendar Date 1/10/2025 Legislative Date 1/10/2025 Action First Reading Ways and Means Proceedings
Chamber Calendar Date Legislative Date Action Text - First - Income Tax - Credit for Long-Term Care Premiums (Long-Term Care Relief Act of 2025) Proceedings
Chamber House Calendar Date 1/13/2025 Legislative Date 1/13/2025 Action Hearing 1/30 at 1:00 p.m. Proceedings

Chamber	Calendar Date	Legislative Date	Action
House	1/10/2025	1/10/2025	First Reading Ways and Means
			Text - First - Income Tax - Credit for Long-Term Care Premiums (Long-Term Care Relief Act of 2025)
House	1/13/2025	1/13/2025	Hearing 1/30 at 1:00 p.m.

File Code

Subjects

Statutes