Mississippi Legislature
2007 Regular Session

Senate Bill 2625

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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]

History of Actions:

1 01/11 (S) Referred To Finance
2 02/21 (S) Died In Committee

Background Information:

Effective dateJanuary 1, 2007
DispositionDead
DeadlineRevenue
RevenueYes
Vote type requiredThree/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.


Information pertaining to this measure was last updated on 02/21/07 at 15:21.

End Of Document
2007/pdf/History/SB/SB2625.htm