Back to Massachusetts

H3025 • 2025

An Act relative to long-term care insurance tax credit

An Act relative to long-term care insurance tax credit

Taxes
Active

The official status still shows this bill as active or still awaiting another formal step.

Sponsor
Michelle L. Badger
Last action
2026-03-18
Official status
Referred to House Committee on Ways and Means
Effective date
Not listed

Plain English Breakdown

Using official source text because the generated explanation was unavailable or could not be confirmed against the official bill text.

An Act relative to long-term care insurance tax credit

An Act relative to long-term care insurance tax credit By Representative Badger of Plymouth, a petition (accompanied by bill, House, No.

What This Bill Does

  • An Act relative to long-term care insurance tax credit By Representative Badger of Plymouth, a petition (accompanied by bill, House, No.
  • 3025) of Michelle L.
  • Badger relative to long term care insurance tax credits.
  • Revenue.

Limits and Unknowns

  • This entry is temporarily using official source text because the generated explanation could not be confirmed against the official bill text during the last sync.

Bill History

  1. 2026-03-18 House

    Bill reported favorably by committee and referred to the committee on House Ways and Means

  2. 2026-02-25 House

    Reporting date extended to Wednesday, March 18, 2026

  3. 2025-12-18 House

    Reporting date extended to Friday, February 20, 2026

  4. 2025-09-16 Joint

    Hearing rescheduled to 09/16/2025 from 10:30 AM-12:30 PM in A-1 and Virtual Hearing updated to New End Time

  5. 2025-09-05 Joint

    Hearing scheduled for 09/16/2025 from 10:30 AM-01:00 PM in A-1

  6. 2025-02-27 House

    Referred to the committee on Revenue

  7. 2025-02-27 Senate

    Senate concurred

Official Summary Text

An Act relative to long-term care insurance tax credit
By Representative Badger of Plymouth, a petition (accompanied by bill, House, No. 3025) of Michelle L. Badger relative to long term care insurance tax credits. Revenue.
Status:
Referred to House Committee on Ways and Means

Current Bill Text

Read the full stored bill text
×

Bill H.3025

SECTION 1. Chapter 176U of the General Laws, as appearing in the 2022 Official Edition, is hereby amended by inserting after section 9 the following section:-

Section 10. Any individual eligible for a long-term care insurance policy shall be allowed a credit as hereinafter provided against the excise due under chapter 62 of the General Laws for taxable years ending on or after December 31, 2023. The amount of the credit shall be equal to 20 percent of the premiums paid.

An individual claiming a credit under this section shall furnish such information relative to the credit as may be requested by the commissioner of the department of revenue in a form approved by him, and the commissioner shall promulgate such regulations as are necessary to implement this section.

SECTION 2. This act shall take effect for taxable years ending on or after December 31, 2023.

The information contained in this website is for general information purposes only. The General Court provides this information as a public service and while we endeavor to keep the data accurate and current to the best of our ability, we make no representations or warranties of any kind, express or implied, about the completeness, accuracy, reliability, suitability or availability with respect to the website or the information contained on the website for any purpose. Any reliance you place on such information is therefore strictly at your own risk.

Close