Income tax, state; increases long-term care insurance credit. (SB341)
Introduced By
Sen. Steve Newman (R-Forest) with support from co-patrons Sen. Dick Black (R-Leesburg), and Sen. Frank Ruff (R-Clarksville)
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 | Prefiled and ordered printed; offered 01/11/12 12102486D |
01/10/2012 | Referred to Committee on Finance |
02/02/2012 | Impact statement from TAX (SB341) |
02/14/2012 | Reported from Finance (15-Y 0-N) (see vote tally) |
02/15/2012 | Read first time |
02/16/2012 | Read second time and engrossed |
02/17/2012 | Read third time and passed Senate (40-Y 0-N) (see vote tally) |
02/20/2012 | Impact statement from TAX (SB341) |
02/20/2012 | Placed on Calendar |
02/20/2012 | Read first time |
02/20/2012 | Referred to Committee on Finance |
02/20/2012 | Assigned Finance sub: #3 |
02/27/2012 | Continued to 2013 in Finance |
Video
This bill was discussed on the floor of the General Assembly. Below is all of the video that we have of that discussion, 1 clip in all, totaling 34 seconds.