Bill > S1906

This bill establishes a tax credit of $2,500 for families caring for elderly relatives who are 70 years or older or for relatives with Alzheimer's disease or dementia. The credit is available if the relative resided with the taxpayer for more than 6 months of the taxable year and the taxpayer provided more than half of the support for the relative. 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.