HOUSE BILL 562

Sponsored By:

Delegate Hubbard

Entitled:

Income Tax - Credit for Long-Term Care Premiums

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; providing the credit may not be claimed for tax years beginning after December 31, 2015; applying the Act to tax years beginning after December 31, 2010; etc.

History by Legislative and Calendar Date

House Action

2/8

First Reading Ways and Means

2/16

Hearing 3/3 at 1:00 p.m.

Senate Action

No Action

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: First Reading, Third Reading, Enrolled

Fiscal and Policy Note: Available

Amendments: None offered