Bill
Bill > S2021
NJ S2021
Provides gross income tax credit for certain expenses paid or incurred for care and support of qualifying senior family member; designated as Caregiver's Assistance Act.
summary
Introduced
03/03/2022
03/03/2022
In Committee
02/13/2023
02/13/2023
Crossed Over
Passed
Dead
01/08/2024
01/08/2024
Introduced Session
2022-2023 Regular Session
Bill Summary
Provides gross income tax credit for certain expenses paid or incurred for care and support of qualifying senior family member; designated as Caregiver's Assistance Act.
AI Summary
This bill, known as the Caregiver's Assistance Act, provides a gross income tax credit for certain expenses paid or incurred by qualified caregivers for the care and support of qualifying senior family members. The credit is available to qualified caregivers with a gross income not exceeding $100,000 (or $50,000 if married or filing separately) and is equal to 22.5% of the qualified care expenses, up to $3,000. The bill defines qualified care expenses, qualified caregivers, and qualifying senior family members, and outlines the application and refund process for the credit. The bill also allows qualified caregivers to claim both the credit and a dependent deduction for the same qualifying senior family member.
Committee Categories
Budget and Finance, Health and Social Services
Sponsors (14)
Jim Beach (D)*,
Richard Codey (D)*,
Renee Burgess (D),
Sandra Cunningham (D),
Patrick Diegnan (D),
Nia Gill (D),
Vin Gopal (D),
Fred Madden (D),
Teresa Ruiz (D),
Bob Singer (R),
Troy Singleton (D),
Jean Stanfield (R),
Shirley Turner (D),
Andrew Zwicker (D),
Last Action
Referred to Senate Budget and Appropriations Committee (on 02/13/2023)
Official Document
bill text
bill summary
Loading...
bill summary
Loading...
bill summary
| Document Type | Source Location |
|---|---|
| State Bill Page | https://www.njleg.state.nj.us/bill-search/2022/S2021 |
| Analysis - Statement SHH 2/13/23 | https://pub.njleg.gov/Bills/2022/S2500/2021_S1.PDF |
| BillText | https://pub.njleg.gov/Bills/2022/S2500/2021_R1.HTM |
| BillText | https://pub.njleg.gov/Bills/2022/S2500/2021_I1.HTM |
| Bill | https://pub.njleg.gov/Bills/2022/S2500/2021_I1.PDF |
| BillText | https://www.njleg.state.nj.us/Bills/2022/S2500/2021_I1.HTM |
| Bill | https://www.njleg.state.nj.us/Bills/2022/S2500/2021_I1.PDF |
Loading...