arrow_back Back to App

Tax Credit for Retired Public Safety Officers' Health Insurance.

This act introduces a new tax credit for retired public safety officers under 65 years old, covering health insurance premiums. The maximum credit is $4,800 annually, subject to inflation adjustments. This aims to ease the financial burden of healthcare costs for this group of citizens.
Key points
New tax credit up to $4,800 annually for health insurance premiums for retired public safety officers under 65.
The credit amount will be adjusted annually for inflation to maintain its value.
The act applies to tax years beginning after December 31, 2022.
article Official text account_balance Process page
Expired
Citizen Poll
No votes cast
Additional Information
Print number: 117_S_4267
Sponsor: Sen. Bennet, Michael F. [D-CO]
Process start date: 2022-05-19