File Code: Income
- Sponsored By:
-
Senators Teitelbaum, Sfikas, Blount, Pinsky, McFadden, Dyson,
and Forehand
- Entitled:
-
Income Tax Credit for Long-Term Care Expenses
Allowing an individual whose federal adjusted gross income does not
exceed $45,000 a credit of up to $300 against the State income tax for
an amount equal to 20% of the expenses paid by the individual during a
taxable year for qualified long-term care expenses provided to a
qualified family member, as defined; defining terms; applying the Act
to tax years after 1997; etc.
Senate Action
- 2/6
- First Reading Budget and Taxation
- 2/11
- Hearing 2/18 at 2:00 p.m.
- 3/16
- Unfavorable Report by Budget and Taxation
House Action
- No Action
- Sponsored by:
- Senator Leonard H. Teitelbaum, District 19
- Senator Clarence W. Blount, District 41
- Senator Roy P. Dyson, District 29
- Senator Jennie M. Forehand, District 17
- Senator Nathaniel J. McFadden, District 45
- Senator Paul G. Pinsky, District 22
- Senator Perry Sfikas, District 46
- Bill indexed under the following Subjects:
- INCOME TAX
- LONG TERM CARE -see also- CONTINUING CARE; NURSING HOMES
- TAX CREDITS -see also- CIRCUIT BREAKER
- Bill affects the following Statute:
- Tax - General
- (
10-709
)
- Bill Text:
First Reading (PDF),
Third Reading, Enrolled
- Fiscal Note:
Available (PDF)
- Amendments:
None offered
