HR 2682 · 109th Congress · Taxation

Long-Term Care and Retirement Security Act of 2005

Introduced 2005-05-26· Sponsored by Rep. Johnson, Nancy L. [R-CT-5]· House

Bill Progress

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Introduced
2
Committee
3
House Vote
4
Senate
5
Enacted
Latest: Referred to the House Committee on Ways and Means.(2005-05-26)

Plain Language Summary

[AI summary unavailable — showing source text] Long-Term Care and Retirement Security Act of 2005 - Amends the Internal Revenue Code to: (1) allow a tax deduction from gross income for long-term care insurance premiums; (2) include long-term care insurance in employee benefit cafeteria plans and flexible spending arrangements; (3) allow a tax credit for certain long-term care costs; (4) set forth certain consumer protections for long-term care insurance contracts; and (5) allow tax free exchanges of long-term care insurance contracts.…

Summarized by Claude AI · Non-partisan · For informational purposes only

Cosponsors (20)

8 Democrats12 Republicans
Rep. Pomeroy, Earl [D-ND-At Large]ND
Rep. Ramstad, Jim [R-MN-3]MN
Rep. Herseth, Stephanie [D-SD-At Large]SD
Rep. Simmons, Rob [R-CT-2]CT
Rep. Michaud, Michael H. [D-ME-2]ME
Rep. Shays, Christopher [R-CT-4]CT
Rep. Markey, Edward J. [D-MA-7]MA
Rep. Boozman, John [R-AR-3]AR
Rep. King, Peter T. [R-NY-3]NY
Rep. Ford, Harold E., Jr. [D-TN-9]TN
Rep. Gonzalez, Charles A. [D-TX-20]TX
Rep. Gerlach, Jim [R-PA-6]PA
Rep. Wolf, Frank R. [R-VA-10]VA
Rep. Moran, James P. [D-VA-8]VA
Rep. Bono, Mary [R-CA-45]CA
Rep. Matheson, Jim [D-UT-2]UT
Rep. Hall, Ralph M. [R-TX-4]TX
Rep. McHugh, John M. [R-NY-23]NY
Rep. Terry, Lee [R-NE-2]NE
Rep. Forbes, J. Randy [R-VA-4]VA