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HR 5255 99th Congress House Taxation Business and commerce Geriatrics Health Health insurance Income tax Individual retirement accounts Insurance Social Welfare Tax-deferred compensation plans

Long-Term Care Insurance for the Elderly Act of 1986

Introduced: July 24, 1986 See on congress.gov
This bill died when the 99th Congress ended
It never became law before the 99th Congress (1985–1986) adjourned, and bills don't carry over to the next Congress. It would have to be reintroduced. You can still save it for reference, but it won't receive updates.
 Everywhere this bill has been 4 steps
Introduced
In committee
Reported out
Passed House
Passed Senate
To President
Became law
Jul 31, 1986
Referred to Subcommittee on Health and the Environment.
Jul 24, 1986
Referred to House Committee on Ways and Means.
Jul 24, 1986
Referred to House Committee on Energy and Commerce.
Jul 24, 1986
Introduced in House
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 Plain-English summary Congressional Research Service

Long-Term Care Insurance for the Elderly Act of 1986 - Amends the Internal Revenue Code to allow tax-free distributions from an individual retirement account or an individual retirement annuity for the purchase of long-term care insurance coverage for the individual within 90 days after the individual receives the payment or distribution and the individual has attained the age of 59 and one-half.

Requires the Secretary of Health and Human Services to submit to the Congress a report which contains a proposal for the regulation of long-term care insurance policies, including an analysis and evaluation of such policies available to individuals.

What's happening now July 31, 1986

Referred to Subcommittee on Health and the Environment.

 Committees of jurisdiction 3
Cite this page click to expand
APA
U.S. Congress. (2026). H.R. 5255: Long-Term Care Insurance for the Elderly Act of 1986. 99th Congress. Open America. https://openamerica.io/bill/99-HR-5255/
MLA
"H.R. 5255: Long-Term Care Insurance for the Elderly Act of 1986." 99th Congress, 2026, Open America, https://openamerica.io/bill/99-HR-5255/.
Bluebook (legal)
H.R. 5255, 99th Cong. (2026), https://openamerica.io/bill/99-HR-5255/.
Markdown link
[H.R. 5255: Long-Term Care Insurance for the Elderly Act of 1986](https://openamerica.io/bill/99-HR-5255/)
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