MD SB6 | 2015 | Regular Session
Status
Sponsorship: Partisan Bill (Democrat 1)
Status: Introduced on January 14 2015 - 25% progression, died in committee
Action: 2015-02-04 - Hearing 2/04 at 2:00 p.m.
Pending: Senate Budget and Taxation Committee
Text: Latest bill text (Introduced) [PDF]
Status: Introduced on January 14 2015 - 25% progression, died in committee
Action: 2015-02-04 - Hearing 2/04 at 2:00 p.m.
Pending: Senate Budget and Taxation Committee
Text: Latest bill text (Introduced) [PDF]
Summary
Altering a limitation on claiming the income tax credit for eligible long-term care insurance premiums for more than 1 year with respect to the same insured individual; altering the amount of the credit from a one-time $500 credit to a maximum of $250 for taxable years beginning January 1, 2016, and January 1, 2017, and a maximum of $500 for the taxable year beginning January 1, 2018, and for each taxable year thereafter; and applying the Act to all taxable years beginning after December 31, 2015.
Title
Income Tax - Credit for Long-Term Care Premiums
Sponsors
History
| Date | Chamber | Action |
|---|---|---|
| 2015-02-04 | Senate | Hearing 2/04 at 2:00 p.m. |
| 2015-02-02 | Senate | Hearing cancelled |
| 2015-02-04 | Senate | Hearing 2/04 at 1:00 p.m. |
| 2015-01-14 | Senate | First Reading Budget and Taxation |
| 2014-11-19 | Senate | Pre-filed |
