LTC Family Accessibility Act (S. 3365)

Overview:

110th Congress (2007-2009)

Type: Tax Credits

Key Components:

  • Amend the IRC to provide a nonrefundable tax credit for LTC insurance premiums.
  • The income-based tax credit would be 50% of the first $4,000 of premiums paid for LTC insurance for the taxpayer or for their family member or dependents coverage.

Key Authors:

  • Sen David Vitter (R-LA)
    Senate Finance

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