Income Tax - Credit for Long-Term Care Premiums (Long-Term Care Relief Act of 2022)
Sponsor: Senator KlausmeierCommittee: Budget and TaxationSubject: Taxes - IncomeStatus: Hearing 1/18 at 1:00 p.m. (as of Nov 15, 2022)
What this bill does
Official synopsis
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, 2021.
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Testimony (6)
MGA witness listFAV 6Favorable
| Position | Witness | Organization | Testimony |
|---|---|---|---|
| FAV | MacKay, Ann | Maryland Continuing Care Residents Association | Written (PDF) |
| FAV | Plante, Cecilia | Maryland Legislative Coalition | Written (PDF) |
| FAV | Crespo, Virginialobbyist | Individual | Written (PDF) |
| FAV | Kendzierski, Philemonlobbyist | Individual | Oral |
| FAV | Senator Klausmeier, Senator Klausmeierlegislator | Individual | Oral |
| FAV | benjamin, howard | Individual | Oral |
Organizations on record
Registered lobbyists who testified
FAVKendzierski, PhilemonRegistered for: 38 Degrees North; Advanced Energy United; Alliance of Maryland Dental Plans; Allstate Insurance Company; America's Health Insurance Plans; American Council of Life Insurers…