Legislation

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, 2019, but before January 1, 2022, and a maximum of $500 for a taxable year beginning after December 31, 2021; and applying the Act to all taxable years beginning after December 31, 2019.

Committees

Original:: Budget and Taxation Click to view Recorded Media

Details

Cross-filed with: HB0836

Introduced in a prior session as: SB0075 Session: 2018 Regular Session

Bill File Type: Regular

Effective Date(s): July 1, 2019

History

Legislation History
Chamber Senate Calendar Date 2/04/2019 Legislative Date 2/04/2019 Action First Reading Budget and Taxation Proceedings
Chamber Calendar Date Legislative Date Action Text - First - Income Tax - Credit for Long-Term Care Premiums Proceedings
Chamber Senate Calendar Date 2/06/2019 Legislative Date 2/06/2019 Action Hearing 3/06 at 1:00 p.m. Proceedings
Chamber Senate Calendar Date 2/28/2019 Legislative Date 2/28/2019 Action Hearing canceled Proceedings
Chamber Senate Calendar Date 2/28/2019 Legislative Date 2/28/2019 Action Hearing 3/13 at 1:00 p.m. Proceedings

Chamber	Calendar Date	Legislative Date	Action
Senate	2/04/2019	2/04/2019	First Reading Budget and Taxation
			Text - First - Income Tax - Credit for Long-Term Care Premiums
Senate	2/06/2019	2/06/2019	Hearing 3/06 at 1:00 p.m.
Senate	2/28/2019	2/28/2019	Hearing canceled
Senate	2/28/2019	2/28/2019	Hearing 3/13 at 1:00 p.m.

File Code

Subjects

Statutes