MD HB327 | 2025 | Regular Session
Note: Carry Over of previous HB218
Status
Spectrum: Partisan Bill (Democrat 1-0)
Status: Introduced on January 10 2025 - 25% progression
Action: 2025-01-13 - Hearing 1/30 at 1:00 p.m.
Pending: House Ways and Means Committee
Hearing: Jan 30 @ 1:00 pm House Ways and Means Hearing
Text: Latest bill text (Introduced) [PDF]
Status: Introduced on January 10 2025 - 25% progression
Action: 2025-01-13 - Hearing 1/30 at 1:00 p.m.
Pending: House Ways and Means Committee
Hearing: Jan 30 @ 1:00 pm House Ways and Means Hearing
Text: Latest bill text (Introduced) [PDF]
Summary
Limiting eligibility for a credit against the State income tax for certain long-term care insurance premiums paid by a taxpayer for long-term care insurance purchased before January 1, 2005, to taxpayers who are at least 85 years old with a Maryland adjusted gross income of less than $100,000 for an individual or $200,000 for a joint filer; altering the maximum amount of the credit; and applying the Act to all taxable years beginning after December 31, 2024.
Title
Income Tax - Credit for Long-Term Care Premiums (Long-Term Care Relief Act of 2025)
Sponsors
History
| Date | Chamber | Action |
|---|---|---|
| 2025-01-13 | House | Hearing 1/30 at 1:00 p.m. |
| 2025-01-10 | House | First Reading Ways and Means |
Same As/Similar To
SB155 (Crossfiled) 2025-01-08 - Hearing 1/15 at 10:30 a.m.
HB218 (Carry Over) 2024-01-11 - Hearing 2/01 at 1:00 p.m.
HB218 (Carry Over) 2024-01-11 - Hearing 2/01 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/HB0327?ys=2025RS |
| Text | https://mgaleg.maryland.gov/2025RS/bills/hb/hb0327f.pdf |
