Relating to: a long-term care insurance assessment and a long-term care insurance assessment tax credit. (FE)

SB 684 establishes a long-term care insurance assessment (a fee) on certain long-term care insurance policies and creates a corresponding tax credit to offset this cost for eligible individuals. The bill directly affects policyholders purchasing long-term care insurance and insurers administering these policies. Key provisions include setting the assessment amount and defining who qualifies for the tax credit to reduce the financial burden of the fee. The bill is procedural, focusing on the structure of the assessment and credit rather than broader policy changes.