legislation: 115-hr-7203

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bill_id congress bill_type bill_number title policy_area introduced_date latest_action_date latest_action_text origin_chamber sponsor_name sponsor_state sponsor_party sponsor_bioguide_id cosponsor_count summary_text update_date url
115-hr-7203 115 hr 7203 Long-Term Care Account Act Taxation 2018-11-30 2018-11-30 Referred to the House Committee on Ways and Means. House Rep. Marchant, Kenny [R-TX-24] TX R M001158 1 Long-Term Care Account Act This bill allows tax-exempt long-term care accounts that are funded using a taxpayer's gains from the sale or assignment of a life insurance contract. The bill excludes from gross income (1) the gains that are contributed to the accounts, and (2) distributions from the accounts that are used exclusively for the long-term care expenses of the account beneficiary or the account beneficiary's spouse. 2023-01-11T13:40:59Z  

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