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United States · Bill · HR

H.R. 5255 (99th)

Long-Term Care Insurance for the Elderly Act of 1986

referredUnited States· United States Congress· EN

Introduced

24 July 1986

Last action

—

Status

Referred to Subcommittee on Health and the Environment.

Sponsors

—

Subjects

Discovery layer

Source updated

3 June 2026

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Summary

Long-Term Care Insurance for the Elderly Act of 1986 - Amends the Internal Revenue Code to allow tax-free distributions from an individual retirement account or an individual retirement annuity for the purchase of long-term care insurance coverage for the individual within 90 days after the individual receives the payment or distribution and the individual has attained the age of 59 and one-half. Requires the Secretary of Health and Human Services to submit to the Congress a report which contains a proposal for the regulation of long-term care insurance policies, including an analysis and evaluation of such policies available to individuals.

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Documents

1 official file

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Sources

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