SB287: Income tax, state; credit for purchase of long-term care insurance.
Chief Patron
Sen.
Harry Blevins (R-14)
Harry Blevins
(R-14)
Served: 2001–
Progress
 |
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 063465136
- 01/10/2006 Referred to Committee on Finance
- 01/22/2006 Fiscal impact statement from TAX (SB287)
- 01/25/2006 Reported from Finance with amendments (14-Y 0-N 1-A)
- 01/26/2006 Constitutional reading dispensed (38-Y 0-N)
- 01/26/2006 VOTE: (38-Y 0-N)
- 01/27/2006 Read second time
- 01/27/2006 Reading of amendments waived
- 01/27/2006 Committee amendments agreed to
- 01/27/2006 Engrossed by Senate as amended SB287E
- 01/27/2006 Printed as engrossed 063465136-E
- 01/30/2006 Read third time and passed Senate (38-Y 0-N)
- 01/30/2006 VOTE: (38-Y 0-N)
- 01/30/2006 Communicated to House
- 02/14/2006 Placed on Calendar
- 02/14/2006 Read first time
- 02/14/2006 Referred to Committee on Finance
- 02/16/2006 Fiscal impact statement from TAX (SB287E)
- 02/27/2006 Reported from Finance with substitute (22-Y 0-N)
- 02/27/2006 Committee substitute printed 067379540-H1
- 02/28/2006 Read second time
- 03/01/2006 Read third time
- 03/01/2006 Committee substitute agreed to 067379540-H1
- 03/01/2006 Engrossed by House - committee substitute SB287H1
- 03/01/2006 Passed House with substitute (97-Y 0-N 1-A)
- 03/01/2006 VOTE: PASSAGE (97-Y 0-N 1-A)
- 03/01/2006 House substitute agreed to by Senate (39-Y 0-N)
- 03/01/2006 VOTE: (39-Y 0-N)
- 03/08/2006 Bill text as passed Senate and House (SB287ER)
- 03/11/2006 Bill text as passed Senate and House reprinted (SB287ER)
- 03/11/2006 Enrolled
- 03/11/2006 Signed by Speaker
- 03/13/2006 Signed by President
- 03/16/2006 Fiscal impact statement from TAX (SB287ER)
- 04/05/2006 G Approved by Governor-Chapter 570 (effective 7/1/06)
- 04/12/2006 G Acts of Assembly Chapter text (CHAP0570)
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
No Richmond Sunlight visitors voted on this bill while voting was open.
Tags
Bill Text
Subscribe
Keep track of the status of this bill as it moves through the General Assembly
—
subscribe
via RSS.
Thursday, July 24, 2008