Income tax, state; increases long-term care insurance credit. (HB505)
Introduced By
Del. Scott Garrett (R-Lynchburg) with support from 10 copatrons, whose average partisan position is:
Progress
√ |
Introduced |
X |
Passed Committee |
☐ |
Passed House |
☐ |
Passed Senate |
☐ |
Signed by Governor |
☐ |
Became Law |
Description
Income tax; long-term care insurance credit. Increases the amount of the credit an individual may claim for long-term care insurance premiums from 15 percent to 30 percent of the amount of the premiums paid. The bill would be effective for taxable years beginning on or after January 1, 2012. Amends § 58.1-339.11, of the Code of Virginia. View Full Text »
Outcome
Bill Has Failed
History
- 01/10/2012 Prefiled and ordered printed; offered 01/11/12 12102485D
- 01/10/2012 Referred to Committee on Finance
- 01/23/2012 Impact statement from TAX (HB505)
- 02/02/2012 Assigned Finance sub: #3
- 02/03/2012 Subcommittee recommends reporting (5-Y 0-N)
- 02/10/2012 Continued to 2013 in Finance
- 11/29/2012 Left in Finance
Post a Public Comment About this Bill