Long-Term Care Tax Reduction Act of 2005

Fact Sheet API

Bill Number

HR 4220

Introduced

Nov 3, 2005

Latest Action

Referred to the House Committee on Ways and Means.

Sponsor

Cosponsors

Topics

Annuities Finance and Financial Sector Health Income tax Individual retirement accounts Insurance premiums Labor and Employment Long-term care insurance Medical economics Pension funds Tax exclusion Tax-deferred compensation plans Taxation

Full Text

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Votes

Summary

Long-Term Care Tax Reduction Act of 2005 - Amends the Internal Revenue Code to exclude from gross income distributions from an individual retirement account and other tax-exempt retirement plans used to pay long-term care insurance premiums.

Actions

Nov 3, 2005

Referred to the House Committee on Ways and Means.
Nov 3, 2005

Introduced in House

Amendments

Related Bills