- Title
- Income Tax - Credit for Long-Term Care Premiums
- Sponsored by
- Delegates Howard, Adams, Arentz, Beauchamp, Buckel, Ciliberti, Hartman, Hornberger, Hutchinson, Jacobs, McComas, Miller, T. Morgan, Nkongolo, Reilly, Rose, and Schmidt
- Status
- In the House - Hearing 3/05 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, 2026; and applying the Act to taxable years beginning after December 31, 2026.
Committees
- Original:
- Ways and Means Click to view Recorded Media
Details
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Last Updated: 3/6/2026 4:31 PM
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