Proposed H.B. No. 5439
Session Year 2025


AN ACT ESTABLISHING A TAX CREDIT FOR PREMIUM PAYMENTS FOR CERTAIN LONG-TERM CARE INSURANCE POLICIES.

To establish a tax credit up to twenty per cent of premiums paid to purchase an individual or group long-term care insurance policy during a taxable year, and allow long-term care policyholders to carry over to future taxable years any amount that is in excess of such policyholder's tax liability for a taxable year.


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  Long term care insurance 

  Tax credits