NY S06369

Expands the existing 20 percent tax credit for long-term care insurance premiums to include policy riders to life insurance policies issued under specific provisions of the insurance law (sections 1113(a)(1)(C), (D), (E), and (F)).

Applies the expanded credit to both personal income tax (Article 22, Section 190) and other applicable tax articles (Section 210-B, Subdivision 14).

Requires that premiums qualify under Section 1117 of the insurance law to be eligible for the tax credit.

Maintains the existing requirement that the credit applies only to premiums for purchase of or continuing coverage under qualifying long-term care insurance policies.