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Legislation


1998 Regular Session

SENATE BILL 639

File Code: Income
Sponsored By:
Senators Hollinger, Fry, Forehand, Dorman, Haines, Middleton, Lawlah, Craig, Derr, Green, and McCabe
Entitled:
Income Tax - Credit for Long-Term Care Insurance Premiums

Synopsis:

Allowing an individual a credit against the State income tax in the amount of 25% of long-term care insurance premiums paid by the individual for the individual or the individual's spouse, parent, stepparent, child, or stepchild if the insured is a Maryland resident; limiting the credit to $100 for each insured; etc.

History by Legislative Date

Senate Action
2/6
First Reading Budget and Taxation
2/11
Hearing 2/18 at 2:00 p.m.
3/16
Unfavorable Report by Budget and Taxation
House Action
No Action
Sponsored by:
Senator Paula Colodny Hollinger, District 11
Senator David R. Craig, District 34
Senator John W. Derr, District 3
Senator Arthur Dorman, District 21
Senator Jennie M. Forehand, District 17
Senator Donald C. Fry, District 35
Senator Leo E. Green, District 23
Senator Larry E. Haines, District 5
Senator Gloria Gary Lawlah, District 26
Senator Christopher J. McCabe, District 14
Senator Thomas McLain Middleton, District 28
Bill indexed under the following Subjects:
HEALTH INSURANCE -see also- HMO; MANAGED CARE ORGANIZATIONS.
INCOME TAX
LONG TERM CARE -see also- CONTINUING CARE; NURSING HOMES
TAX CREDITS -see also- CIRCUIT BREAKER
Bill affects the following Statute:
Tax - General
( 10-709 )

Documents:

Bill Text: First Reading (PDF), Third Reading, Enrolled
Fiscal Note: Available (PDF)

Amendments: None offered
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