Comprehensive Long-Term Care Support Act of 2006

Summary

Comprehensive Long-Term Care Support Act of 2006 - Amends the Internal Revenue Code to allow a deduction from gross income (available for taxpayers who do not itemize deductions) for the cost of long-term care premiums for the taxpayer and certain family members, including the taxpayer's spouse, ancestors, or lineal descendants. Phases in the deduction by allowing the deduction of 50 percent of the cost of premiums in 2007, 75 percent in 2008, and 100 percent in 2009 or thereafter. Allows long-term care insurance as a benefit under tax-qualified cafeteria plans and flexible spending arrangements. Allows a tax credit for caregivers of individuals with long-term health care needs. Phases in a $3,000 credit amount for 2011 or thereafter, beginning with $1,000 in 2007, $1,500 in 2008, $2,000 in 2009, and $2,500 in 2010. Reduces the amount of the credit for taxpayers with adjusted gross incomes over $75,000 ($150,000 for joint returns), adjusted for inflation after 2007. Increases funding for the the National Family Caregiver Support Program and the Native American Caregiver Support Program.

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Timeline

1. 27 September 2006

   Introduced

   Referred to the Committee on Ways and Means, and in addition to the Committee on Education and the Workforce, for a period to be subsequently determined by the Speaker, in each case for consideration of such provisions as fall within the jurisdiction of the committee concerned.

   Source: IntroReferral

2. 27 September 2006

   Introduced

   Introduced in House

   Source: IntroReferral

3. 27 September 2006

   Introduced

   Introduced in House

   Source: IntroReferral

4. 27 September 2006

   Introduced

   Referred to the Committee on Ways and Means, and in addition to the Committee on Education and the Workforce, for a period to be subsequently determined by the Speaker, in each case for consideration of such provisions as fall within the jurisdiction of the committee concerned.

   Source: IntroReferral

5. 2 November 2006

   Referred

   Referred to the Subcommittee on Select Education.

   Source: Committee

Votes

No vote records are attached yet.

Versions

• Introduced in House · 27 September 2006 · Official file

Documents

3 official files

• Introduced in House (text)

  Introduced in House · EN · 27 September 2006

  ViewDownloadOpen at official source

• Introduced in House (PDF)

  Introduced in House · EN · 27 September 2006

  ViewDownloadOpen at official source

• Introduced in House

  summary · EN · 27 September 2006

  Open at official source

Sponsors

• Rep. Herseth Sandlin, Stephanie [D-SD-At Large] · D · Sponsor
• Rep. Hinchey, Maurice D. [D-NY-22] · D · Cosponsor
• · hsed00 · Standing
• · hswm00 · Standing

Related records

No cross-record relationships stored yet.