2025 Regular Session • Maryland Legislature
HB1276: Income Tax - Credit for Long-Term Care Premiums
Legislative Summary
Altering a limitation on claiming the income tax credit for eligible long-term care insurance premiums for more than 1 year with respect to the same insured individual; altering the amount of the credit from a one-time $500 credit to a maximum of $250 for a taxable year beginning after December 31, 2025; and applying the Act to taxable years beginning after December 31, 2025.
Demographic Impact
Overall analysis of equity impact
60% Positive
Medium ConfidenceView detailed demographic breakdown ↓Unlock Full Demographic Insights
Go beyond the overall score.
Gain a deeper understanding of this bill's potential impact across diverse communities, including detailed breakdowns by category and subgroup. Access to this granular analysis helps ensure equitable outcomes.
Enable full analysis features for your organization.
Contact Sales to Learn MoreOr email us directly at sales@legiequity.us.
Bill History
2/7/2025
First Reading Ways and Means
House of Delegates
2/7/2025
Hearing 2/20 at 1:00 p.m.
House of Delegates
Status Information
Current Status
Introduced(2/7/2025)
Chamber
House of Delegates
Committee
Ways and Means(House of Delegates)
Sponsors
Republican: 6
Primary Sponsor
Seth Howard
Republican