Long-Term Care and Retirement Security Act of 2005
Latest action · May 26, 2005 Referred to the House Committee on Ways and Means.
Progress
Where this bill reached, and when. A stage with no date was not reached; one that failed a vote and later carried shows the date it carried.
- IntroducedMay 26, 2005
- Passed HouseNot reached
- Passed SenateNot reached
- To the PresidentNot reached
- Became lawNot reached
Summary
Long-Term Care and Retirement Security Act of 2005 - Amends the Internal Revenue Code to: (1) allow a tax deduction from gross income for long-term care insurance premiums; (2) include long-term care insurance in employee benefit cafeteria plans and flexible spending arrangements; (3) allow a tax credit for certain long-term care costs; (4) set forth certain consumer protections for long-term care insurance contracts; and (5) allow tax free exchanges of long-term care insurance contracts.
Cosponsors 56
Members who signed on, in the order they did. Signatures ran from May 26, 2005 to Sep 13, 2006; 9 are original cosponsors, there from the day it was introduced.
| Seat | Cosponsor | Signed on | |
|---|---|---|---|
| R-CT | Christopher Shays | Original | May 26, 2005 |
| D-ND | Earl Pomeroy | Original | May 26, 2005 |
| D-MA | Edward J. Markey | Original | May 26, 2005 |
| R-MN | Jim Ramstad | Original | May 26, 2005 |
| R-AR | John Boozman | Original | May 26, 2005 |
| D-ME | Michael H. Michaud | Original | May 26, 2005 |
| R-NY | Peter T. King | Original | May 26, 2005 |
| R-CT | Rob Simmons | Original | May 26, 2005 |
| D-SD | Stephanie Herseth Sandlin | Original | May 26, 2005 |
| D-TN | Harold E. Ford Jr. | Jun 21, 2005 | |
| D-TX | Charles A. Gonzalez | Jun 30, 2005 | |
| R-VA | Frank R. Wolf | Jun 30, 2005 | |
| R-PA | Jim Gerlach | Jun 30, 2005 | |
| D-VA | James P. Moran | Jul 14, 2005 | |
| D-UT | Jim Matheson | Jul 14, 2005 | |
| R-CA | Mary Bono | Jul 14, 2005 | |
| R-TX | Ralph M. Hall | Jul 14, 2005 | |
| R-VA | J. Randy Forbes | Jul 19, 2005 | |
| R-NY | John M. McHugh | Jul 19, 2005 | |
| R-NE | Lee Terry | Jul 19, 2005 | |
| R-MN | Mark R. Kennedy | Jul 19, 2005 | |
| D-WA | Norman D. Dicks | Jul 19, 2005 | |
| R-KY | Ron Lewis | Jul 21, 2005 | |
| R-VA | Bob Goodlatte | Jul 27, 2005 | |
| R-PA | Melissa A. Hart | Jul 27, 2005 | |
| R-TX | Ron Paul | Jul 27, 2005 | |
| D-TN | Bart Gordon | Jul 28, 2005 | |
| D-NJ | Robert E. Andrews | Jul 28, 2005 | |
| D-CA | Bob Filner | Sep 6, 2005 | |
| R-FL | Dave Weldon | Sep 6, 2005 | |
| R-OK | John Sullivan | Sep 6, 2005 | |
| D-TX | Silvestre Reyes | Sep 6, 2005 | |
| R-PA | Todd Russell Platts | Sep 6, 2005 | |
| D-CA | Zoe Lofgren | Sep 6, 2005 | |
| R-FL | Adam H. Putnam | Sep 13, 2005 | |
| R-NH | Charles F. Bass | Sep 13, 2005 | |
| D-NC | David E. Price | Sep 13, 2005 | |
| D-RI | Patrick J. Kennedy | Sep 14, 2005 | |
| R-MI | Fred Upton | Sep 21, 2005 | |
| R-WA | Doc Hastings | Sep 22, 2005 | |
| R-MD | Roscoe G. Bartlett | Sep 27, 2005 | |
| D-HI | Neil Abercrombie | Oct 17, 2005 | |
| R-LA | Bobby Jindal | Oct 26, 2005 | |
| D-MD | Chris Van Hollen | Oct 27, 2005 | |
| R-NJ | Frank A. LoBiondo | Oct 28, 2005 | |
| D-NY | Carolyn B. Maloney | Nov 2, 2005 | |
| D-NC | Mike McIntyre | Nov 2, 2005 | |
| D-NY | Carolyn McCarthy | Nov 3, 2005 | |
| R-IN | Mark E. Souder | Nov 3, 2005 | |
| D-AZ | Raúl M. Grijalva | Nov 10, 2005 | |
| R-TX | Pete Sessions | Dec 15, 2005 | |
| D-NV | Shelley Berkley | Dec 15, 2005 | |
| D-VA | Rick Boucher | Dec 16, 2005 | |
| D-AR | Mike Ross | Feb 1, 2006 | |
| D-MI | Bart Stupak | Jun 13, 2006 | |
| R-IL | Judy Biggert | Sep 13, 2006 |
Committees 1
Where it was sent and what each committee and subcommittee did with it, in order.
| Chamber | Committee | What it did |
|---|---|---|
| House | Ways and Means Committee | Referred May 26, 2005 |
Actions 2
Everything that happened, newest first.
- May 26, 2005Introduced in House
- May 26, 2005Referred to the House Committee on Ways and Means.
Research
What has been written about this bill: committee reports, cost estimates, the sponsor’s authority statement, printed hearings and the Congressional Research Service’s work.
Printed hearings 1
Hearings whose printed record names this bill, newest first: hearings on it, and wider hearings where it came up.
| Number | Hearing | Committee | Held |
|---|---|---|---|
| Serial No. 109-100 | PLANNING FOR LONG-TERM CARE165 pages | Energy and Commerce Committee | May 17, 2006 |
Related bills 1
Companion bills and other measures the record links to this one.
| Bill | Title | Relationship | Latest action |
|---|---|---|---|
| S 1244 | Long-Term Care and Retirement Security Act of 2005 | Identical bill | Jun 14, 2005 |
Titles 2
Every title it has carried, official and short, at each stage.
- Official Title as Introduced
- To amend the Internal Revenue Code of 1986 to allow individuals a deduction for qualified long-term care insurance premiums, use of such insurance under cafeteria plans and flexible spending arrangements, and a credit for individuals with long-term care needs.
- Short Titles as Introduced
- Long-Term Care and Retirement Security Act of 2005
Subjects
Assigned by the Library of Congress. Policy area: Taxation.
- Caregivers
- Commerce
- Consumer protection
- Disabled
- Economics and Public Finance
- Employee health benefits
- Excise tax
- Families
- Finance and Financial Sector
- Flexible benefit plans
- Health
- Income tax
- Indexing (Economic policy)
- Insurance premiums
- Labor and Employment
- Long-term care
- Long-term care insurance
- Medical economics
- Social Welfare
- Standards
- Tax credits
- Tax deductions
- Tax exclusion
- Tax penalties
- Tax refunds
- Tax returns
- Taxation
Text 1
Each version as it was printed, newest first.
- May 26, 2005Introduced in House
Everything here is as published by Congress: the summary is the Congressional Research Service's, the action wording is the clerks', and the subjects are the Library of Congress's. How far it got is read from the actions themselves, taking the most recent one of each kind, so a bill that failed a vote and later passed is shown as having passed. Records come from this bill on Congress.gov and govinfo.gov; cost estimates are the Congressional Budget Office's, and the hearings are the printed hearings GovInfo publishes, which can appear months after the hearing.