NU Online News Service, Aug. 30, 1:25 p.m. – The Florida Senate is considering a bill, S.B. 96, that would give a state tax credit to companies that provide long-term care insurance for employees.
Employers could subtract up to 25% of the cost of the coverage from their state corporate income taxes or state franchise taxes. The maximum credit would be half of the tax liability otherwise due that year.
The sponsor is Sen. Ronald Silver, D-Tallahassee.