AN ACT ESTABLISHING A TAX CREDIT FOR PREMIUM PAYMENTS FOR CERTAIN LONG-TERM CARE INSURANCE POLICIES.
Sponsored By: Saud Anwar (Democratic)
Introduced
Summary
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.
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Bill Overview
No Economic Impacts Identified for this Bill
Sponsors & Cosponsors
Sponsor
Saud Anwar
Democratic • Senate
Cosponsors
Gary A. Turco
Democratic • House
Joseph P. Gresko
Democratic • House
Roll Call Votes
No roll call votes available for this bill.
Actions Timeline
Referred to Joint Committee on Insurance and Real Estate
2/17/2026legislature
Bill Text
Proposed Bill
2/17/2026
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