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

DateAction
01/10/2012Prefiled and ordered printed; offered 01/11/12 12102486D
01/10/2012Referred to Committee on Finance
02/14/2012Reported from Finance (15-Y 0-N) (see vote tally)
02/15/2012Read first time
02/16/2012Read second time and engrossed
02/17/2012Read third time and passed Senate (40-Y 0-N) (see vote tally)
02/20/2012Impact statement from TAX (SB341)
02/20/2012Placed on Calendar
02/20/2012Read first time
02/20/2012Referred to Committee on Finance
02/20/2012Assigned Finance sub: #3
02/27/2012Continued to 2013 in Finance
11/29/2012Left in Finance