A bill to amend the Internal Revenue Code of 1986 to provide that distributions from a section 401(k) plan or a section 403(b) contract shall not be includible in gross income to the extent used to pay long-term care insurance premiums.
Long-Term Care Act of 2005 - Amends the Internal Revenue Code to exclude from gross income distributions from certain tax-exempt retirement plans used to pay long-term care insurance premiums.
Referred to the Subcommittee on Health.
Referred to the House Committee on Ways and Means.
Introduced in Senate
Sponsor introductory remarks on measure. (CR S10121-10122)
Read twice and referred to the Committee on Finance.
checking server…
Ask anything about this bill. The AI reads the full text to answer.
Enter to send · Shift+Enter for new line