AN ACT ESTABLISHING A TAX CREDIT FOR PREMIUM PAYMENTS FOR CERTAIN LONG-TERM CARE INSURANCE POLICIES.
To establish a tax credit up to twenty per cent of premiums paid to purchase an individual or group long-term care insurance policy during a taxable year, and allow long-term care policyholders to carry over to future taxable years any amount that is in excess of such policyholder's tax liability for a taxable year.
Introduced by:
Rep. Anne M. Hughes, 135th Dist.| New today | 2-4 days old | 5 days & older |
| Text of Bill | |
| Proposed Bill [doc] |
Add Notes to HB-5439
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Bill History
| Date | Action Taken | ||
|---|---|---|---|
| 1/17/2025 | Referred to Joint Committee on Insurance and Real Estate |
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