|HB 0601||Relating to Financing of Long-Term Care for the Aging|
|Sponsor:||OETTING||Handling House Bill:|
|Last Action:||02/13/95 - Referred H Ways and Means Committee|
HB0601 Oetting, David A
P R E F I L E D
HB 601 -- State Income Tax
This bill authorizes a state income tax credit for certain premiums paid on long-term care insurance policies on behalf of the taxpayer, a spouse, and dependents of up to $250 per taxpayer.
This bill will become effective January 1, 1995, and applies to all taxable years beginning after December 31, 1995.