H.R. 2096 · 108th Congress
Long-Term Care and Retirement Security Act of 2003
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Never voted on. It didn't reach a floor vote before the 108th Congress ended, so it expired. A bill has to be introduced again to be considered in a new Congress.
137 cosponsors · 63 D, 73 R, 1 I
10 signed on when it was introduced; the rest joined later. Cosponsors who withdrew aren't shown.
Long-Term Care and Retirement Security Act of 2003 - Amends the Internal Revenue Code to allow: (1) a deduction (increasing percentages with full deductibility as of 2008) for eligible long-term care insurance premiums for a taxpayer, spouse, and dependents and (2) long-term care insurance to be offered under cafeteria plans and flexible spending…
What it does: CRS summary · Introduced in House · May 14, 2003
Allows an income-adjusted (limited) credit for eligible individuals with long-term care needs.
Sets forth specified requirements for qualifying long-term care insurance contracts.
Treats an exchange of qualified long-term care insurance contracts as a disposition of property for which no gain or loss is recognized.
Written by the nonpartisan Congressional Research Service. All summary versions on Congress.gov
About this bill and sources
Official title: Long-Term Care and Retirement Security Act of 2003
Latest action (May 14, 2003): Referred to the House Committee on Ways and Means.
Policy area: Taxation · Origin: House · Introduced: May 14, 2003
Official page on Congress.gov · Bill text (GovInfo) · Status record (XML)
No recorded floor vote found.