MD HB836 | 2019 | Regular Session
Status
Spectrum: Moderate Partisan Bill (Republican 13-2)
Status: Introduced on February 8 2019 - 25% progression, died in committee
Action: 2019-02-11 - Hearing 2/27 at 1:00 p.m.
Pending: House Ways and Means Committee
Text: Latest bill text (Introduced) [PDF]
Status: Introduced on February 8 2019 - 25% progression, died in committee
Action: 2019-02-11 - Hearing 2/27 at 1:00 p.m.
Pending: House Ways and Means 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 a taxable year beginning after December 31, 2019, but before January 1, 2022, and a maximum of $500 for a taxable year beginning after December 31, 2021; and applying the Act to all taxable years beginning after December 31, 2019.
Title
Income Tax - Credit for Long-Term Care Premiums
Sponsors
History
| Date | Chamber | Action |
|---|---|---|
| 2019-02-11 | House | Hearing 2/27 at 1:00 p.m. |
| 2019-02-08 | House | First Reading Ways and Means |
