SECOND REGULAR SESSION
HOUSE BILL NO. 1359
93RD GENERAL ASSEMBLY
INTRODUCED BY REPRESENTATIVES DETHROW (Sponsor), WILSON (119), RICHARD, SATER,
DAUS, KINGERY, MUNZLINGER, MOORE, SWINGER, BIVINS, MAY, HOBBS, SUTHERLAND,
WELLS, BROWN (30), SMITH (150), DEMPSEY AND SANDER (Co-sponsors) .
Read 1st time January 12, 2006 and copies ordered printed.
STEPHEN S. DAVIS, Chief Clerk
To repeal section 135.096, RSMo, and to enact in lieu thereof one new section relating to an
income tax deduction for long-term care insurance premiums.
Be it enacted by the General Assembly of the state of Missouri, as follows:
Section A. Section 135.096, RSMo, is repealed and one new section enacted in lieu
thereof, to be known as section 135.096, to read as follows:
135.096. 1. In order to promote personal financial responsibility for long-term health
care in this state, for all taxable years beginning after December 31, 1999, but ending on or
before December 31, 2005, a resident individual may deduct from such individual's Missouri
taxable income an amount equal to fifty percent of all nonreimbursed amounts paid by such
individual for qualified long-term care insurance premiums to the extent such amounts are not
included in the individual's itemized deductions. For all taxable years beginning on or after
January 1, 2006, a resident individual may deduct from such individual's Missouri taxable
income an amount equal to one hundred percent of all nonreimbursed amounts paid by
such individual for qualified long-term care insurance premiums to the extent such
amounts are not included in the individual's itemized deductions. A married individual
filing a Missouri income tax return separately from his or her spouse shall be allowed to make
a deduction pursuant to this section in an amount equal to the proportion of such individual's
payment of all qualified long-term care insurance premiums. The director of the department of
revenue shall place a line on all Missouri individual income tax returns for the deduction created
by this section.
2. For purposes of this section, "qualified long-term care insurance" means any policy
which meets or exceeds the provisions of sections 376.1100 to 376.1118, RSMo, and the rules
and regulations promulgated pursuant to such sections for long-term care insurance.