SENATE BILL 429

Sponsored By:

Senators Haines and Munson

Entitled:

Income Tax - Credit for Long-Term Care Premium

Synopsis:

Altering a limitation on claiming the income tax credit for eligible long-term care premiums for more than 1 year with respect to the same insured individual; applying the Act to tax years beginning after December 31, 2006; etc.

History by Legislative and Calendar Date

Senate Action

2/2

First Reading Budget and Taxation

2/7

Hearing 2/21 at 1:00 p.m.

3/12

Unfavorable Report by Budget and Taxation

House Action

No Action

Sponsored by:

Senator Larry E. Haines, District 5

Senator Donald F. Munson, District 2

Bill indexed under the following Subjects:

Health Insurance -see also- HMOS; 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

( 10-718 )

Documents:

Bill Text (Displayed in PDF Format): First Reading, Third Reading, Enrolled

Fiscal and Policy Note (Displayed in PDF Format): Available

Amendments: None offered