File Code: Taxes - Income
- Sponsored By:
-
Delegates Hixson, Bozman, Healey, Howard, Marriott, and
Patterson
- Entitled:
-
Income Tax - Credit for Long-Term Care Premiums
Removing limitations on an income tax credit for eligible long-term
care premiums that provide that the credit may not be claimed more
than once with respect to the same insured individual; reducing from
$500 to $250 the amount of the income tax credit that may be claimed
for eligible long-term care premiums for each insured for any taxable
year; and applying the Act to tax years after 2005.
House Action
- 1/16
- First Reading Ways and Means
- 2/1
- Hearing 2/16 at 1:00 p.m.
Senate Action
- No Action
Sponsored by:
- Delegate Sheila E. Hixson, District 20
- Delegate K. Bennett Bozman, District 38B
- Delegate Anne Healey, District 22
- Delegate Carolyn J. B. Howard, District 24
- Delegate Salima Siler Marriott, District 40
- Delegate Obie Patterson, District 26
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
)
- Bill Text (Displayed in PDF Format):
First Reading,
Third Reading, Enrolled
- Fiscal Note (Displayed in PDF Format):
Available
- Amendments:
None offered
