File Code: Taxes - Income
- Sponsored By:
-
Delegates Trueschler, Dwyer, Frank, Gilleland, Kach, McComas,
and McDonough
- Entitled:
-
Income Tax Credit for Malpractice Insurance Premium Increases
Allowing a State income tax credit in an amount equal to 50% of the
increase for the taxable year in medical malpractice insurance
premiums paid by a licensed physician to the extent the increase over
the prior taxable year is greater than 10% but does not exceed 50%;
applying the Act to tax years after 2003 but before 2007; and
terminating the Act after 3 years.
House Action
- 2/13
- First Reading Ways and Means
- 3/10
- Hearing 3/25 at 1:00 p.m.
Senate Action
- No Action
- Sponsored by:
- Delegate John G. Trueschler, District 42
- Delegate Donald H. Dwyer, Jr., District 31
- Delegate William J. Frank, District 42
- Delegate Terry R. Gilleland, Jr., District 32
- Delegate Wade Kach, District 5B
- Delegate Susan K. McComas, District 35B
- Delegate Pat McDonough, District 7
- Bill indexed under the following Subjects:
- HEALTH OCCUPATIONS -see also- specific health occupations
- INCOME TAX
- INSURANCE -see also- HEALTH INS; MAIF; MOTOR VEHICLE INS
- MEDICAL MALPRACTICE
- PHYSICIANS -see also- DENTISTS; MED EXMNRS; PSYCH; etc
- SUNSET
- TAX CREDITS -see also- CIRCUIT BREAKER
- Bill affects the following Statute:
- Tax - General
- (
10-725
)
- Bill Text:
First Reading (PDF),
Third Reading, Enrolled
- Fiscal Note:
Available (PDF)
- Amendments:
None offered
