MD HB160 | 2023 | Regular Session
Note: Carry Over of previous HB62
Status
Spectrum: Partisan Bill (Democrat 13-0)
Status: Introduced on January 16 2023 - 25% progression, died in committee
Action: 2023-01-18 - Hearing 2/02 at 1:00 p.m.
Pending: House Ways and Means Committee
Text: Latest bill text (Introduced) [PDF]
Status: Introduced on January 16 2023 - 25% progression, died in committee
Action: 2023-01-18 - Hearing 2/02 at 1:00 p.m.
Pending: House Ways and Means Committee
Text: Latest bill text (Introduced) [PDF]
Summary
Altering eligibility for and the maximum amount of a credit against the State income tax for certain long-term care insurance premiums paid by a taxpayer with a Maryland adjusted gross income of less than $250,000 for long-term care insurance purchased before January 1, 2005; and applying the Act to all taxable years beginning after December 31, 2022.
Title
Income Tax - Credit for Long-Term Care Premiums (Long-Term Care Relief Act of 2023)
Sponsors
History
Date | Chamber | Action |
---|---|---|
2023-01-18 | House | Hearing 2/02 at 1:00 p.m. |
2023-01-16 | House | First Reading Ways and Means |
Same As/Similar To
SB137 (Crossfiled) 2023-01-17 - Hearing 1/25 at 2:00 p.m.
HB62 (Carry Over) 2022-01-07 - Hearing 1/26 at 1:00 p.m.
HB62 (Carry Over) 2022-01-07 - Hearing 1/26 at 1:00 p.m.
Subjects
Code Citations
Chapter | Article | Section | Citation Type | Statute Text |
---|---|---|---|---|
Tax - General | 10 | 718 | (n/a) | See Bill Text |
Maryland State Sources
Type | Source |
---|---|
Summary | https://mgaleg.maryland.gov/mgawebsite/Legislation/Details/HB0160?ys=2023RS |
Text | https://mgaleg.maryland.gov/2023RS/bills/hb/hb0160f.pdf |