2007 Regular Session


File Code: Taxes - Income Prior Year Introduction As: HB 489/06 - W&M
Sponsored By:
Delegates Stocksdale, Aumann, Barkley, Bates, Costa, Dwyer, Eckardt, Elliott, Elmore, George, Haddaway, Krebs, McComas, McConkey, Shewell, Sophocleus, Sossi, Walkup, and Wood
Income Tax - Credit for Long-Term Care Premiums - Modifications


Removing limitations on an income tax credit for eligible long-term care premiums that provide that the credit may not be claimed in more than one taxable year with respect to the same insured individual or an individual insured before a specified date; reducing from $500 to $100 the amount of the income tax credit that may be claimed for eligible long-term care premiums; applying the Act to tax years after 2006; etc.

History by Legislative and Calendar Date

House Action
First Reading Ways and Means
Hearing 2/14 at 1:00 p.m.
Senate Action
No Action

Sponsored by:

Delegate Nancy R. Stocksdale, District 5A
Delegate Susan L. M. Aumann, District 42
Delegate Charles Barkley, District 39
Delegate Gail H. Bates, District 9A
Delegate Robert A. Costa, District 33B
Delegate Donald H. Dwyer, Jr., District 31
Delegate Adelaide C. Eckardt, District 37
Delegate Donald B. Elliott, District 4B
Delegate D. Page Elmore, District 38A
Delegate Ronald A. George, District 30
Delegate Jeannie Haddaway, District 37B
Delegate Susan W. Krebs, District 9B
Delegate Susan K. McComas, District 35B
Delegate Tony McConkey, District 33A
Delegate Tanya Shewell, District 5A
Delegate Theodore Sophocleus, District 32
Delegate Richard A. Sossi, District 36
Delegate Mary Roe Walkup, District 36
Delegate John F. Wood, Jr., District 29A

Bill indexed under the following Subjects:

Health Insurance -see also- HMOS; Managed Care Organizations
Income Tax
Long Term Care -see also- Continuing Care; Nursing Homes
Tax Credits -see also- Circuit Breaker

Bill affects the following Statute:

Tax - General
( 10-718 )


Bill Text (Displayed in PDF Format): First Reading, Third Reading, Enrolled
Fiscal and Policy Note (Displayed in PDF Format): Available
Amendments: None offered