Income Tax - Credit for Long-Term Care Premiums (Long-Term Care Relief Act of 2023)
Sponsor: Senator KlausmeierCommittee: Budget and TaxationSubject: Taxes - IncomeStatus: Hearing 1/25 at 2:00 p.m. (as of Nov 9, 2023)
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, 2022.
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Testimony (9)
MGA witness listFAV 8FavorableFWA 1Favorable with amendments
| Position | Witness | Organization | Testimony |
|---|---|---|---|
| FAV | Bresnahan, Tammy | AARP Maryland | Oral + Written (PDF) |
| FAV | Hartung, Bruce | Maryland Continuing Care Residents Association | Written (PDF) |
| FAV | Plante, Cecilia | Maryland Legislative Coalition | Written (PDF) |
| FAV | Schwartz, Paul | NARFE | Oral + Written (PDF) |
| FAV | Crespo, Virginialobbyist | Individual | Written (PDF) |
| FAV | Kendzierski, Philemonlobbyist | Individual | Oral |
| FAV | Lininger, Brettlobbyist | Individual | Oral |
| FAV | Senator Klausmeier, Senator Klausmeierlegislator | Individual | Oral |
| FWA | Hawkins, Giavante | MSATP | Written (PDF) |
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…
FAVLininger, BrettRegistered for: Aflac (American Family Life Assurance Company); Amazon.com Services, LLC; American International Group; Boyd Gaming Corporation; Brookfield Power US Asset Management LLC; Centers for Better Insurance, LLC…