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SB 223 IN

Deduction for long term care premiums.

IN · session 2023 · Senate · bill

A state bill is a proposed law in a state legislature — separate from the U.S. Congress. Learn more →

Introduced Jan 10, 2023

Latest action (Jan 10, 2023) First reading: referred to Committee on Insurance and Financial Institutions

Summary

Provides a deduction from adjusted gross income for any premiums paid during a taxable year for a long term care insurance policy purchased in a state other than Indiana that is considered to have reciprocity with Indiana under an Indiana long term care insurance program. Provides a deduction from adjusted gross income for any premiums paid during a taxable year for a qualified long term care insurance policy under the Indiana long term care insurance partnership program.

Sponsor (1)

Action history (2)
  1. Jan 10, 2023 Authored by Senator Walker G · upper
  2. Jan 10, 2023 First reading: referred to Committee on Insurance and Financial Institutions · upper
Subjects
HEALTH, Health Care Costs; Health InsuranceHEALTH, Long Term CareINCOME TAXES, Deductions

Text versions (1)

The published texts of this bill as it moves through the legislature. Each links to the official document on the state legislature site. Data from OpenStates.

  • Introduced Senate Bill (S) · Jan 10, 2023 · PDF

Full text

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