BILL NO | A06631 |
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SAME AS | SAME AS S00020
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SPONSOR | Englebright |
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COSPNSR | Abbate, Cahill, Magnarelli, Sillitti, Niou, Brabenec |
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MLTSPNSR | Colton, Peoples-Stokes, Perry, Rivera J, Wallace |
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Amd §§612 & 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. |