Bill Text | History of Actions | Background | Title |
Description: State income tax credit for purchase of private insurance to cover long-term care insurance.
Bill Text: [Introduced]
| 1 | 01/11 (S) Referred To Finance | |
| 2 | 02/21 (S) Died In Committee |
| Effective date | January 1, 2007 | |
| Disposition | Dead | |
| Deadline | Revenue | |
| Revenue | Yes | |
| Vote type required | Three/Fifths |
Senate Committee:
Principal Author: Nunnelee
Title: AN ACT TO PROVIDE AN INCOME TAX CREDIT FOR PREMIUMS PAID DURING THE TAXABLE YEAR FOR CERTAIN QUALIFIED LONG-TERM CARE INSURANCE POLICIES; TO LIMIT THE MAXIMUM AMOUNT OF THE CREDIT; TO PROVIDE THAT ANY UNUSED TAX CREDIT SHALL NOT BE ALLOWED TO BE CARRIED FORWARD TO APPLY TO THE TAXPAYER'S SUCCEEDING YEARS' TAX LIABILITY; AND FOR RELATED PURPOSES.
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2007/html/History/SB/SB2625.htm