Bill Text | History of Actions | Background | Title |
Description: Income tax; authorize a credit for portion of premium paid for long-term care insurance.
Bill Text: [Introduced]
1 | 01/23 (H) Referred To Ways and Means | |
2 | 02/21 (H) Died In Committee |
Effective date | January 1, 2007 | |
Disposition | Dead | |
Deadline | Revenue | |
Revenue | Yes | |
Vote type required | Three/Fifths |
House Committee:
Principal Author: Holland
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/HB/HB1571.htm