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A04653 Summary:
BILL NO | A04653 |
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SAME AS | SAME AS S01066 |
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SPONSOR | Englebright (MS) |
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COSPNSR | Heastie, Abbate, Cahill, Magnarelli |
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MLTSPNSR | Arroyo, Colton, Cook, Jacobs, Markey, Peoples-Stokes, Perry, Rivera, Schimminger, Sweeney, Weisenberg |
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Amd SS612 & 606, Tax L | |
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Grants a state personal income tax deduction for retirement plan distributions used to purchase long-term care insurance; exempts distributions from individual retirement accounts and individual retirement annuities from state personal income taxation when such distributions are used to purchase long-term health care insurance. |