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United States · Bill · S

S. 1335 (108th)

Long-Term Care and Retirement Security Act of 2003

referredUnited States· United States Congress· EN

Introduced

25 June 2003

Last action

Status

Read twice and referred to the Committee on Finance. (text of measure as introduced: CR S8571-8572)

Sponsors

Subjects

Discovery layer

Source updated

18 August 2025

Summary

Long-Term Care and Retirement Security Act of 2003 - Amends the Internal Revenue Code to allow: (1) a deduction (based on years of continuous coverage) for eligible long-term care insurance premiums for a taxpayer, spouse, and dependents, including accelerated deduction percentages for persons who are 55 years old; and (2) long-term care insurance to be offered under cafeteria plans and flexible spending arrangements. Allows an income-adjusted (limited) credit for eligible individuals with long-term care needs. Sets forth specified requirements for qualifying long-term care insurance contracts.

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Versions

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Documents

3 official files

Introduced in Senate (text)

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Sources

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