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- S.627
S.627: Long-Term Care and Retirement Security Act of 2001
About This Bill
- This bill was introduced in the 107th Congress
- This bill is primarily about taxation
- Introduced March 27, 2001
- Latest Major Action March 27, 2001
- See the two similar bills introduced in other congresses.
Bill Sponsor
Bill Cosponsors
29 (16 Democrats, 1 Independent, 13 Republicans)
Bill Summary
Long-Term Care and Retirement Security Act of 2001 - 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...
(Source: Library of Congress)
Bill Actions
| Date | Description |
|---|---|
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Sponsor introductory remarks on measure.
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Read twice and referred to the Committee on Finance.
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| March 27, 2001 |
Introduced in the Senate by Charles E. Grassley (R-Iowa) |