Altering a limitation on claiming the income tax credit for eligible long-term care insurance premiums for more than 1 year with respect to the same insured individual; altering the amount of the credit from a one-time $500 credit to a maximum of $250 for a taxable year beginning after December 31, 2022, but before January 1, 2025, and a maximum of $500 for a taxable year beginning after December 31, 2024; applying the Act to taxable years beginning after December 31, 2022; etc.
Bill File Type: Regular
Effective Date(s): July 1, 2022
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Last Updated: 3/4/2022 1:00 PM