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, 2021, but before January 1, 2024, and a maximum of $500 for a taxable year beginning after December 31, 2023; and applying the Act to all taxable years beginning after December 31, 2020.

Committees

Original:: Rules and Executive Nominations

Details

Introduced in a prior session as: HB1365 Session: 2020 Regular Session

Bill File Type: Regular

Effective Date(s): July 1, 2021

History

Legislation History
Chamber House Calendar Date 3/01/2021 Legislative Date 3/01/2021 Action First Reading House Rules and Executive Nominations 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
House	3/01/2021	3/01/2021	First Reading House Rules and Executive Nominations
			Text - First - Income Tax - Credit for Long-Term Care Premiums

File Code

Subjects

Statutes