Did not become law. It stopped in the House of Representatives's Finance, Revenue and Bonding Committee on February 20, 2025. The 2025 session has ended.
2025 Regular Session
House Bill 5144
AN ACT ESTABLISHING A PERSONAL INCOME TAX DEDUCTION FOR CERTAIN PAYMENTS RECEIVED FROM AN INSURANCE COMPANY.
What it does
The synopsis the General Assembly published with the bill.
To establish a personal income tax deduction for the portion of any payment from an insurance company received by a taxpayer (1) in exchange for a buyout or cancellation of a long-term care insurance policy, and (2) that is properly includable in gross income for federal income tax purposes.
Sponsors
Who carried the bill in each chamber, and who signed on. Each name leads to the member's page.
In the House of Representatives
Sponsor
Chief co-sponsor
Its course
January 14 to February 20, 2025, on one scale. In the top row each mark is a day something happened; taller marks are busier days.
Each committee stop sits inside its chamber.
Every action3 actions on 3 days
In the House of RepresentativesJan 14 to Feb 20 · stopped37 days
Finance, Revenue and Bonding CommitteeJan 14 to Feb 20 · stopped37 days
Text
Each version as the General Assembly printed it.
l9n doesn't hold this bill's text yet.
What happened
In l9n's words, one line for each step. Every action as the General Assembly published it is below.
In the House of Representatives Jan 14 – Feb 20
- Jan 14Introduced and sent to Finance, Revenue and Bonding Committee
- Feb 20Heard in Finance, Revenue and Bonding Committee
All 3 actions, as published
- Jan 14REF. TO JOINT COMM. ONBoth houses
- Feb 18Reserved for Subject Matter Public HearingBoth houses
- Feb 20PUBLIC HEARINGBoth houses