2005 Senate Bill 51

Authorize unlimited health insurance tax credit

Introduced in the Senate

Jan. 25, 2005

Introduced by Sen. Martha G. Scott (D-2)

To authorize an unlimited refundable state income tax credit for the cost of health insurance premiums not reimbursed from any other source. The bill is not means-tested, meaning there is no income limit on eligibility for the credit, which covers the cost of health insurance for the individual taxpayer and family members.

Referred to the Committee on Finance