NU Online News Service, June 25, 2003, 5:13 p.m. EDT – Sens. Charles Grassley, R-Iowa, and Bob Graham, D-Fla., have introduced the Senate version of a bill that would create an "above-the-line" income tax deduction for long term care insurance premiums and a tax credit for providers of informal long term care, according to the American Council of Life Insurers, Washington.
A number for the bill, The Long-Term Care and Retirement Security Act of 2003, was not available at press time.