Bill > S788

This bill establishes the family caregiver tax credit in Massachusetts. The key provisions are: 1) The credit is available to resident taxpayers who are "family caregivers" - those who have a Massachusetts adjusted gross income of less than $75,000 (individual) or $150,000 (couple) and incur uncompensated expenses directly related to caring for an "eligible family member" (at least 18 years old and requiring assistance with at least one activity of daily living). 2) The credit is equal to 100% of the eligible expenses incurred by the family caregiver, up to a maximum of $1,500 per eligible family member. 3) Eligible expenses include costs for home modifications, equipment, and other goods/services that assist the caregiver in providing care. 4) The credit is refundable and no taxpayer can claim the credit for the same eligible expenses as another taxpayer. 5) The Department of Revenue is responsible for administering the credit and reporting annually on its usage. 6) The credit will be subject to a comprehensive evaluation every 5 years to assess its effectiveness and determine if it should be continued, modified, or terminated. The bill aims to provide financial assistance to family caregivers in Massachusetts who incur costs in caring for their relatives.

Budget and Finance, Health and Social Services

https://malegislature.gov/Bills/192/S788