S 627
107th Congress
Senate
Taxation
Caregivers
Commerce
Consumer protection
Disabled
Disabled children
Economics and Public Finance
Employee health benefits
Excise tax
Families
Finance and Financial Sector
Flexible benefit plans
Health
Income tax
Indexing (Economic policy)
Insurance premiums
Labor and Employment
Long-term care
Long-term care insurance
Medical economics
Long-Term Care and Retirement Security Act of 2001
Everywhere this bill has been
3 steps
Introduced
In committee
Reported out
Passed House
Passed Senate
To President
Became law
Mar 27, 2001
Read twice and referred to the Committee on Finance.
Mar 27, 2001
Sponsor introductory remarks on measure. (CR S2995)
Mar 27, 2001
Introduced in Senate
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Plain-English 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 (limited) credit for eligible individuals with long-term care needs.
Sets forth specified requirements for qualifying long-term care insurance contracts.
What's happening now
Read twice and referred to the Committee on Finance.
Related & companion bills
1
Bill text
1 version
- Introduced in Senate Formatted Text PDF
Committees of jurisdiction
1
Cosponsors
1
Cite this page
U.S. Congress. (2026). S. 627: Long-Term Care and Retirement Security Act of 2001. 107th Congress. Open America. https://openamerica.io/bill/107-S-627/
"S. 627: Long-Term Care and Retirement Security Act of 2001." 107th Congress, 2026, Open America, https://openamerica.io/bill/107-S-627/.
S. 627, 107th Cong. (2026), https://openamerica.io/bill/107-S-627/.
[S. 627: Long-Term Care and Retirement Security Act of 2001](https://openamerica.io/bill/107-S-627/)