2008 Regular Session


File Code: Taxes - Income
Sponsored By:
Delegates Healey, V. Clagett, Elmore, George, Howard, Ivey, Krebs, Ross, Stocksdale, F. Turner, and Walker
Income Tax - Credit and Subtraction Modification for Long-Term Care Insurance


Altering a limitation on claiming the income tax credit for eligible long-term care premiums for more than 1 year with respect to the same insured individual; allowing a credit for a specified individual insured prior to July 1, 2000; providing an income tax subtraction modification for specified eligible long-term care premiums paid in specified tax years; applying the Act to taxable years beginning after December 31, 2007; etc.

History by Legislative and Calendar Date

Legislative date is used to record history occuring in the Chambers otherwise Calendar date is used.
House Action
First Reading Ways and Means
Hearing 3/20 at 1:00 p.m.
Senate Action
No Action

Sponsored by:

Delegate Anne Healey, District 22
Delegate Virginia P. Clagett, District 30
Delegate D. Page Elmore, District 38A
Delegate Ron George, District 30
Delegate Carolyn J. B. Howard, District 24
Delegate Jolene Ivey, District 47
Delegate Susan W. Krebs, District 9B
Delegate Justin D. Ross, District 22
Delegate Nancy R. Stocksdale, District 5A
Delegate Frank S. Turner, District 13
Delegate Jay Walker, District 26

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 Statutes:

Tax - General
( 10-208 , 10-208 , 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