HB 1008-16_ Filed 02/27/2007, 17:14 Brownc
PREVAILED Roll Call No. _______
FAILED Ayes _______
WITHDRAWN Noes _______
RULED OUT OF ORDER
HOUSE MOTION ____
I move that House Bill 1008 be recommitted to a Committee of One, its author, with specific instructions to
amend as follows:
SOURCE: Page 1, line 1; (07)MO100818.1. -->
Page 1, between the enacting clause and line 1, begin a new
paragraph and insert:
SOURCE: IC 6-3-2-21; (07)MO100818.1. -->
"SECTION 1. IC 6-3-2-21 IS ADDED TO THE INDIANA CODE
AS A NEW
SECTION TO READ AS FOLLOWS [EFFECTIVE
JANUARY 1, 2007 (RETROACTIVE)]: Sec. 21. (a) As used in this
section, "dependent" means:
(1) a dependent as defined in Section 152 of the Internal
Revenue Code; or
(2) a person whom an individual has a legal obligation to
support, regardless of the percentage of the person's support
the individual provides.
(b) As used in this section, "health insurance" means insurance
as described in Section 213(d)(1)(D) of the Internal Revenue Code,
except that the term does not include the following:
(1) A qualified long term care policy (as defined in
(2) Medicare (Title XVIII of the Social Security Act (42 U.S.C.
1395 et seq.)).
(3) A Medicare supplement policy (as defined in
(c) Subject to subsection (d), an individual is entitled to a
deduction from the individual's adjusted gross income for a taxable
year for amounts spent by the individual during the taxable year
on health insurance for the individual, the individual's spouse, or
a dependent of the individual. The deduction provided by this
subsection is allowable regardless of whether the health insurance
is obtained on an individual or a group basis.
(d) The deduction provided under this section is allowable only
to the extent that the amounts spent by the individual on health
insurance as described in subsection (c) have not otherwise been:
(1) excluded from the computation of federal gross income as
defined in Section 61 of the Internal Revenue Code; or
(2) deducted in the computation of federal adjusted gross
income under Section 62 of the Internal Revenue Code.".
SOURCE: Page 19, line 26; (07)MO100818.19. -->
Page 19, between lines 26 and 27, begin a new paragraph and insert:
SOURCE: ; (07)MO100818.24. -->
"SECTION 24. [EFFECTIVE JANUARY 1, 2007
(RETROACTIVE)] IC 6-3-2-21, as added by this act, applies only to
taxable years beginning after December 31, 2006.
Renumber all SECTIONS consecutively.
(Reference is to HB 1008 as reprinted February 24, 2007.)
Representative Brown C
Your Committee of One, to which was referred House Bill 1008, begs leave to report that said bill has been
amended as directed.
MO100818/DI 44 2007