HB1830 Increases the income tax deduction for long-term health insurance premiums from fifty to one hundred percent.
Sponsor: Levin, David (82) Effective Date:00/00/0000
CoSponsor: Pouche, Fred (30) LR Number: 4011L.01I
Last Action: 02/10/2000 - Referred: Ways and Means (H)
HB1830
Next Hearing:Hearing not scheduled
Calendar:Bill currently not on calendar
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Available Bill Summaries for HB1830 Copyright(c)
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Available Bill Text for HB1830
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BILL SUMMARIES

INTRODUCED

HB 1830 -- Income Tax:  Deduction for Long-Term Health Care
Insurance

Co-Sponsors:  Levin, Pouche, Gross, Hendrickson

Under current law, a resident individual taxpayer may deduct 50%
of any nonreimbursed premium paid for long-term care insurance.
This bill increases the percentage to 100%.

The bill will apply to tax year 2000 and thereafter.


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Last Updated October 5, 2000 at 11:35 am