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2003 SESSION
HB 2555 Individual income taxes; credit for purchase of long-term care ins.
Introduced by: R. Steven Landes | all patrons ... notes | add to my profiles
SUMMARY AS INTRODUCED:
Individual income taxes; credit for purchase of long-term care insurance. Provides a credit against individual income taxes for long-term care insurance premiums paid by the individual during the taxable year beginning with the 2003 taxable year. The amount of the credit for a taxable year shall equal 100 percent of the amount in long-term care insurance premiums paid during the taxable year. If the amount of the credit exceeds the individual's income tax liability for a taxable year, such excess shall be refunded to the taxpayer.
FULL TEXT
HISTORY
- 01/08/03 House: Presented & ordered printed, prefiled 01/08/03 039016820
- 01/08/03 House: Referred to Committee on Finance
- 01/29/03 House: Passed by in Finance with letter (22-Y 0-N)