Passed BothConf. Cmte
- Income Tax - Credit for Long-Term Care Premiums (Long-Term Care Relief Act of 2023)
- Sponsored by
- Senator Klausmeier
- In the Senate - Hearing 1/25 at 2:00 p.m.
- Fiscal and Policy Note
Altering eligibility for and the maximum amount of a credit against the State income tax for certain long-term care insurance premiums paid by a taxpayer with a Maryland adjusted gross income of less than $250,000 for long-term care insurance purchased before January 1, 2005; and applying the Act to all taxable years beginning after December 31, 2022.
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Last Updated: 1/31/2023 4:44 PM