Income tax; tax credit for long-term care insurance premiums paid by small business employers. (HB1191)

Introduced By

Del. Brian Moran (D-Alexandria)

Progress

Introduced
Passed Committee
Passed House
Passed Senate
Signed by Governor
Became Law

Description

Income tax; tax credit for long-term care insurance premiums paid by small business employers. Provides a tax credit for taxable years beginning on or after January 1, 2008, to employers who pay the annual long-term care insurance premium for each employee. The amount of the credit is the 20 percent of the amount paid per employee. The credits are available to employers with 50 or fewer full-time employees and are refundable. Read the Bill »

Outcome

Bill Has Failed

History

DateAction
01/09/2008Committee
01/09/2008Prefiled and ordered printed; offered 01/09/08 088310648
01/09/2008Referred to Committee on Finance
01/15/2008Assigned Finance sub: 3
01/26/2008Impact statement from TAX (HB1191)
02/12/2008Left in Finance