Income tax, state; credit for purchase of long-term care insurance. (HB786)
Introduced By
Del. Steve Landes (R-Weyers Cave) with support from 36 copatrons, whose average partisan position is:
Those copatrons are Del. Dave Albo (R-Springfield), Del. Clay Athey (R-Front Royal), Del. Bob Brink (D-Arlington), Del. Kathy Byron (R-Lynchburg), Del. Vince Callahan (R-McLean), Del. Ben Cline (R-Amherst), Del. Anne Crockett-Stark (R-Wytheville), Del. Allen Dudley (R-Rocky Mount), Del. Jeff Frederick (R-Woodbridge), Del. Tom Gear (R-Hampton), Del. Todd Gilbert (R-Woodstock), Del. Phil Hamilton (R-Newport News), Del. Tim Hugo (R-Centreville), Del. Chris Jones (R-Suffolk), Del. Michele McQuigg (R-Occoquan), Del. Ken Melvin (D-Portsmouth), Del. Harvey Morgan (R-Gloucester), Del. Sam Nixon (R-Richmond), Del. Dave Nutter (R-Christiansburg), Del. Glenn Oder (R-Newport News), Del. John O'Bannon (R-Richmond), Del. Chris Peace (R-Mechanicsville), Del. Tom Rust (R-Herndon), Del. Chris Saxman (R-Staunton), Del. Ed Scott (R-Culpeper), Del. Katherine Waddell (I-Richmond), Del. John Welch (R-Virginia Beach), Del. Tommy Wright (R-Victoria), Sen. Harry Blevins (R-Chesapeake), Sen. John Cosgrove (R-Chesapeake), Sen. Adam Ebbin (D-Alexandria), Sen. Edd Houck (D-Spotsylvania), Sen. Benny Lambert (D-Richmond), Sen. Toddy Puller (D-Mount Vernon), Sen. Nick Rerras (R-Norfolk), Sen. William Wampler (R-Bristol)
Progress
✓ |
Introduced |
✓ |
Passed Committee |
✓ |
Passed House |
✓ |
Passed Senate |
✓ |
Signed by Governor |
☐ |
Became Law |
Description
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. Read the Bill »
Status
04/05/2006: signed by governor
History
Date | Action |
---|---|
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) |