HB786: Income tax, state; credit for purchase of long-term care insurance.
Chief Patron
Del.
Steve Landes (R-25)

Steve Landes
(R-25)
Served: 1996–
Progress
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Introduced |
 |
Passed Committee |
 |
Passed House |
 |
Passed Senate |
 |
Signed by Governor |
 |
Became Law |
Status
04/05/2006: signed by governor
View Entire History
- 01/10/2006 Prefiled and ordered printed; offered 01/11/06 067911316
- 01/10/2006 Referred to Committee on Finance
- 01/18/2006 Assigned to Finance sub-committee: #3 (Ware, R.L.)
- 01/26/2006 Fiscal impact statement from TAX (HB786)
- 01/30/2006 Reported from Finance with amendments (20-Y 0-N)
- 01/30/2006 Referred to Committee on Appropriations
- 02/02/2006 Assigned App. sub: Health and Human Resources (Hamilton)
- 02/08/2006 Reported from Appropriations with substitute (23-Y 0-N)
- 02/09/2006 Committee substitute printed 065212316-H1
- 02/10/2006 Read first time
- 02/13/2006 Read second time
- 02/13/2006 Committee amendments from Finance rejected
- 02/13/2006 Committee substitute from Appropriations agreed to 065212316-H1
- 02/13/2006 Engrossed by House - committee substitute HB786H1
- 02/14/2006 Read third time and passed House (98-Y 0-N 1-A)
- 02/14/2006 VOTE: PASSAGE (98-Y 0-N 1-A)
- 02/14/2006 Communicated to Senate
- 02/15/2006 Constitutional reading dispensed
- 02/15/2006 Referred to Committee on Finance
- 02/20/2006 Fiscal impact statement from TAX (HB786H1)
- 02/28/2006 Reported from Finance with amendment (15-Y 0-N)
- 03/01/2006 Constitutional reading dispensed (39-Y 0-N)
- 03/01/2006 Read third time
- 03/01/2006 Reading of amendment waived
- 03/01/2006 Committee amendment agreed to
- 03/01/2006 Engrossed by Senate as amended
- 03/01/2006 Passed Senate with amendment (39-Y 0-N)
- 03/01/2006 VOTE: (39-Y 0-N)
- 03/01/2006 Senate amendment agreed to by House (97-Y 0-N 1-A)
- 03/01/2006 VOTE: ADOPTION (97-Y 0-N 1-A)
- 03/07/2006 Bill text as passed House and Senate (HB786ER)
- 03/07/2006 Enrolled
- 03/07/2006 Signed by Speaker
- 03/08/2006 Signed by President
- 03/13/2006 Fiscal impact statement from TAX (HB786ER)
- 04/05/2006 G Approved by Governor-Chapter 599 (effective 7/1/06)
- 04/12/2006 G Acts of Assembly Chapter text (CHAP0599)
Summary
Individual income taxes; credit for purchase of long-term care
insurance. Provides a credit against individual income taxes for certain
long-term care insurance premiums paid by the individual during the taxable
year. The amount of the credit shall equal 15% of the amount paid during the
taxable year by the individual in long-term care insurance premiums for
long-term care insurance coverage for himself, not to exceed over the life of
any policy 15% of the amount of the first 12 months of premiums. The credit
would be available beginning with the 2006 taxable year. Any unused credit may
be carried over in the next five taxable years. View Full Text »
Poll Results
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