Bill > S702

This bill would establish the family caregiver tax credit in Massachusetts. The key provisions are: 1) The credit would be available to resident taxpayers who are "family caregivers" - individuals who have a Massachusetts adjusted gross income below $75,000 (or $150,000 for a couple) and who incur uncompensated expenses directly related to caring for an "eligible family member" (someone 18 or older who requires assistance with at least one activity of daily living and qualifies as a dependent, spouse, parent, or other relation). 2) The credit would be equal to 100% of the eligible expenditures incurred by the family caregiver, up to a maximum of $1,500 per year. Eligible expenditures include the costs of home modifications, equipment, and other goods/services that assist the caregiver in providing care. 3) The credit would be refundable, meaning taxpayers could receive the full amount even if they owe no state taxes. There are also provisions to prevent duplicate claims for the same eligible family member. 4) The Department of Revenue would administer the credit and provide an annual report on its usage. The credit would also be subject to a periodic evaluation by a special committee every 5 years.

Health and Social Services

https://malegislature.gov/Bills/191/S702