AN ACT ESTABLISHING A TAX CREDIT FOR PREMIUM PAYMENTS FOR CERTAIN LONG-TERM CARE INSURANCE POLICIES.
To establish a tax credit equal to any increase in premium costs that exceed two per cent of premiums paid annually to purchase an individual or group long-term care insurance policy during a taxable year, and allow long-term care policyholders to carry such credit over to future taxable years.
Introduced by:
Sen. Saud Anwar, 3rd Dist.| New today | 2-4 days old | 5 days & older |
| Text of Bill | |
| Proposed Bill [doc] |
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Bill History
| Date | Action Taken | ||
|---|---|---|---|
| 2/17/2026 | Referred to Joint Committee on Insurance and Real Estate |
Co-sponsors of SB-212
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