| Bill | S 1443 |
|---|---|
| Type of Legislation | Senate Bill |
| Congress | 116 |
| Source | View original on Congress.gov |
Geographic Scope
National
Description
Credit for Caring Act of 2019
This bill allows an eligible caregiver a tax credit of up to $3,000 for 30% of the cost of long-term care expenses that exceed $2,000 in a taxable year. The bill defines "eligible caregiver" as an individual who has earned income for the taxable year in excess of $7,500 and pays or incurs expenses for providing care to a spouse or other dependent relative with long-term care needs.
Bill Title
Credit for Caring Act of 2019
Linked Goals
Steps
- 2019-05-14: Read twice and referred to the Committee on Finance.
- 2019-05-14: Introduced in Senate
Projected Outcome
A more informed proposal or public response aligned with the Promote General Welfare goal.