SB 893 – Creates an income tax deduction for small businesses and farmers that provide health insurance coverage for employees

• Sponsor: Green
• LR Number: 3729S.01I
• Committee: Ways & Means
• Last Action: 3/3/2008 - Hearing Scheduled But Not Heard S Ways & Means Committee
• Effective Date: August 28, 2008

Current Bill Summary

SB 893 - This act creates an income tax deduction for small businesses and farmers that provide health insurance coverage for employees. The deduction will be equal to one hundred percent of expenses related to providing employees with health insurance.

This act is similar to Senate Bill 186 (2007), Senate Bill 622 (2006), and Senate Bill 459 (2005).

JASON ZAMKUS