Summary of the Introduced Bill

HB 960 -- Tax Deduction for Long-Term Care Insurance

Sponsor:  Stefanick

This bill increases from 50% to 100% the income tax deduction for
qualified long-term care insurance premiums beginning January 1,
2005.  The departments of Revenue, Health and Senior Services,
and Insurance must implement an educational and awareness program
concerning the tax deduction.  The Area Agency on Aging will also
inform the elderly about the deduction.

Copyright (c) Missouri House of Representatives

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Missouri House of Representatives
93rd General Assembly, 1st Regular Session
Last Updated August 25, 2005 at 1:21 pm