- Title
- Income Tax - Credit for Long-Term Care Premiums (Long-Term Care Relief Act of 2024)
- Sponsored by
- Delegate Stewart
- Status
- In the House - Hearing 2/01 at 1:00 p.m.
- Analysis
- Fiscal and Policy Note
Synopsis
Limiting eligibility for a credit against the State income tax for certain long-term care insurance premiums paid by a taxpayer for long-term care insurance purchased before January 1, 2005, to taxpayers who are at least 85 years old with a Maryland adjusted gross income of less than $100,000 for an individual or $200,000 for a joint filer; altering the maximum amount of the credit; and applying the Act to all taxable years beginning after December 31, 2023.
Committees
- Original:
- Ways and Means Click to view Recorded Media
Committee Testimony
Details
History
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Statutes
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Last Updated: 4/15/2024 2:27 PM