SB00212Introduced in the Senate
An Act Establishing A Tax Credit For Premium Payments For Certain Long-term Care Insurance Policies.
Introduced by Saud Anwar, District 3
What does this bill do?
Plain-English breakdown
Writing a plain-English summary of this bill… this can take a few seconds the first time.
Official description
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.
Where it stands
Referred to Joint Committee on Insurance and Real Estate
February 17, 2026
How did lawmakers vote?
No recorded vote is available for this bill yet.
What do people think?
Citizen Voice
How would you vote on this bill?
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Bill history
Referred to Joint Committee on Insurance and Real Estate
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