Summary of the Introduced Bill

HB 116 -- Income Tax Deduction for Long-Term Care Insurance
Premiums

Sponsor:  Denison

This bill changes the laws regarding the long-term care insurance
tax deduction.  For taxable years beginning after January 1,
2007, Missouri residents will be allowed to deduct from their
taxable income all non-reimbursed premiums paid for qualified
long-term care insurance if the amounts are not included in their
itemized deductions.

Copyright (c) Missouri House of Representatives


Missouri House of Representatives
94th General Assembly, 1st Regular Session
Last Updated July 25, 2007 at 11:18 am