Summary of the Introduced Bill

HB 1145 -- Tax Deduction for Long-Term Care Insurance Premiums

Sponsor:  Portwood

This bill changes the laws regarding the long-term care insurance
tax deduction.  For taxable years beginning after January 1,
2006, Missouri residents will be allowed to deduct from their
taxable income an amount equaling 100% of all non-reimbursed
amounts paid for qualified long-term care insurance premiums if
the amounts are not included in their itemized deductions.

Copyright (c) Missouri House of Representatives

Missouri House of Representatives
93rd General Assembly, 2nd Regular Session
Last Updated November 29, 2006 at 9:42 am