Income tax, state; increases long-term care insurance credit. (HB505)
Introduced By
Del. Scott Garrett (R-Lynchburg)
Progress
✓ |
Introduced |
✗ |
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. Read the Bill »
Outcome
Bill Has Failed
History
Date | Action |
---|---|
01/10/2012 | Committee |
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 |