Improving Access to Long-Term Care Insurance Act

[AI summary unavailable — showing source text] [Congressional Bills 118th Congress] [From the U.S. Government Publishing Office] [H.R. 8820 Introduced in House (IH)] <DOC> 118th CONGRESS 2d Session H. R. 8820 To amend the Internal Revenue Code of 1986 to provide an above-the-line deduction for long-term care insurance premiums and to reduce certain tax credits. _______________________________________________________________________ IN THE HOUSE OF REPRESENTATIVES June 25, 2024 Mr. Burlison introduced the following bill; which was referred to the Committee on Ways and Means _______________________________________________________________________ A BILL To amend the Internal Revenue Code of 1986 to provide an above-the-line deduction for long-term care insurance premiums and to reduce certain tax credits. Be it enacted by the Senate and House of Representatives of the United States of America in Congress assembled, SECTION 1. SHORT TITLE. This Act may be cited as the ``Improving Access to Long-Term Care Insurance Act''. SEC. 2. DEDUCTION FOR LONG-TERM CARE INSURANCE PREMIUMS. (a) Deduction Not Subject to Minimum Amount of Expenses.--Section 213 of the Internal Revenue Code of 1986 is amended by adding at the end the followin…