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Long-Term Care Advancement Act of 1998

Introduced: July 29, 1998 Introduced by: Smith, Christopher H. Republican · New Jersey See on congress.gov
 Everywhere this bill has been 3 steps
Introduced
In committee
Reported out
Passed House
Passed Senate
To President
Became law
Jul 30, 1998
Sponsor introductory remarks on measure. (CR E1466-1467)
Jul 29, 1998
Referred to the House Committee on Ways and Means.
Jul 29, 1998
Introduced in House
 Plain-English summary Congressional Research Service

Long-Term Care Advancement Act of 1998 - Amends the Internal Revenue Code to: (1) except from the penalty tax and exclude from income amounts withdrawn from qualified retirement plans which are used to pay for premiums for qualified long-term care insurance contracts; and (2) provide a limited credit for an individual who maintains a household with a person requiring custodial care.

What's happening now July 30, 1998

Sponsor introductory remarks on measure. (CR E1466-1467)

 Committees of jurisdiction 1