Legislation - SB0973

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:: Rules

Details

Cross-filed with: HB1437

Bill File Type: Regular

Effective Date(s): July 1, 2026

History

Legislation History
Chamber Senate Calendar Date 2/14/2026 Legislative Date 2/14/2026 Action First Reading Senate Rules Proceedings
Chamber Calendar Date Legislative Date Action Text - First - Income Tax - Credit for Long-Term Care Premiums Proceedings

Chamber	Calendar Date	Legislative Date	Action	Proceedings
Senate	2/14/2026	2/14/2026	First Reading Senate Rules
			Text - First - Income Tax - Credit for Long-Term Care Premiums

File Code

Subjects

Statutes