Legislation
- Title
 - Income Tax - Credit for Long-Term Care Premiums
 - Sponsored by
 - Delegates Howard, Alston, Anderton, Arentz, Baker, Buckel, Chisholm, Conaway, Griffith, Hartman, Hinebaugh, Hornberger, Mangione, McComas, Miller, T. Morgan, Otto, Reznik, Rose, Schmidt, Stonko, Taveras, Taylor, and Wivell
 - Status
 - In the House - Hearing 3/02 at 1:00 p.m.
 - Analysis
 - Fiscal and Policy Note
 
Synopsis
                                Altering a limitation on claiming the income tax credit for eligible long-term care insurance premiums for more than 1 year with respect to the same insured individual; altering the amount of the credit from a one-time $500 credit to a maximum of $250 for a taxable year beginning after December 31, 2023, but before January 1, 2026, and a maximum of $500 for a taxable year beginning after December 31, 2025; applying the Act to taxable years beginning after December 31, 2023; etc.
                            Committees
                                - Original:
 - Ways and Means Click to view Recorded Media
 
Committee Testimony
                                    
                                Details
                                
Introduced in a prior session as: HB1237 Session: 2022 Regular Session                                                
                                            
Bill File Type: Regular                                                
                                            
Effective Date(s): July 1, 2023                                                
                                            History
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                                        (  
10-718                                        )
                                    
                                Last Updated: 6/9/2023 2:51 PM
                        
                
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