Bill

Bill > S1742


MA S1742

Establishing a tax credit for families caring for elderly relatives and victims of Alzheimer's and Dementia


summary

Introduced
01/22/2019
In Committee
01/22/2019
Crossed Over
Passed
Dead
12/31/2020

Introduced Session

191st General Court

Bill Summary

For legislation to establish a tax credit for families caring for elderly relatives and victims of Alzheimer's and Dementia. Revenue.

AI Summary

This bill establishes a $2,500 tax credit for families caring for elderly relatives who are at least 70 years old or for relatives with Alzheimer's disease or dementia, provided the relative resided with the taxpayer for more than 6 months of the taxable year. If the credit reduces the tax to zero, the taxpayer is entitled to a refund for the amount by which the credit exceeded the tax due.

Committee Categories

Budget and Finance

Sponsors (1)

Last Action

Accompanied a study order, see H5031 (on 11/04/2020)

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