US HB4708 | 2015-2016 | 114th Congress
Status
Spectrum: Slight Partisan Bill (Democrat 18-7-1)
Status: Introduced on March 3 2016 - 25% progression, died in committee
Action: 2016-03-03 - Referred to the House Committee on Ways and Means.
Pending: House Ways And Means Committee
Text: Latest bill text (Introduced) [PDF]
Status: Introduced on March 3 2016 - 25% progression, died in committee
Action: 2016-03-03 - Referred to the House Committee on Ways and Means.
Pending: House Ways And Means Committee
Text: Latest bill text (Introduced) [PDF]
Summary
Credit for Caring Act of 2016 This bill amends the Internal Revenue Code to allow an eligible caregiver a new tax credit for 30% of the cost of long-term care expenses that exceed $2,000, up to $3,000 in a taxable year. The bill defines "eligible caregiver" as an individual who pays or incurs expenses for providing care to a spouse or other dependent relative with long-term care needs and who has earned income for the taxable year in excess of $7,500.
Title
Credit for Caring Act of 2016
Sponsors
| Rep. Tom Reed [R-NY] | Rep. Linda Sanchez [D-CA] | Rep. Daniel Donovan [R-NY] | Rep. David Cicilline [D-RI] |
| Rep. Michelle Lujan Grisham [D-NM] | Rep. Mike Coffman [R-CO] | Rep. Tim Murphy [R-PA] | Rep. Alan Grayson [D-FL] |
| Rep. Robert Brady [D-PA] | Rep. John Moolenaar [R-MI] | Rep. Christopher Gibson [R-NY] | Rep. Grace Napolitano [D-CA] |
| Rep. Gwen Moore [D-WI] | Rep. Corrine Brown [D-FL] | Rep. Bennie Thompson [D-MS] | Rep. Ann Kuster [D-NH] |
| Rep. Alcee Hastings [D-FL] | Rep. Eleanor Norton [D-DC] | Rep. Debbie Dingell [D-MI] | Rep. Paul Tonko [D-NY] |
| Rep. Yvette Clarke [D-NY] | Sen. Kyrsten Sinema [I-AZ] | Rep. Ron Kind [D-WI] | Rep. Matthew Cartwright [D-PA] |
| Rep. Bonnie Coleman [D-NJ] | Rep. Frank LoBiondo [R-NJ] |
History
| Date | Chamber | Action |
|---|---|---|
| 2016-03-03 | House | Referred to the House Committee on Ways and Means. |
| 2016-03-03 | House | Introduced in House |
Same As/Similar To
SB2759 (Related) 2016-04-07 - Read twice and referred to the Committee on Finance.
Subjects
Health care costs and insurance
Income tax credits
Long-term, rehabilitative, and terminal care
Taxation
Income tax credits
Long-term, rehabilitative, and terminal care
Taxation
US Congress State Sources
| Type | Source |
|---|---|
| Summary | https://www.congress.gov/bill/114th-congress/house-bill/4708/all-info |
| Text | https://www.congress.gov/114/bills/hr4708/BILLS-114hr4708ih.pdf |
