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Bill > H2932

MA H2932

MA H2932
To establish the family caregiving tax credit

summary

Introduced
02/16/2023
In Committee
02/16/2023
Crossed Over
Passed
Dead
12/31/2024

Introduced Session

193rd General Court

Bill Summary

For legislation to establish a family caregiving tax credit. Revenue.

AI Summary

This bill establishes a family caregiving tax credit in Massachusetts. The key provisions are: 1. The credit is available to Massachusetts residents who are "family caregivers" - defined as those who have a Massachusetts adjusted gross income below $75,000 (individual) or $150,000 (couple) and incur uncompensated expenses in caring for an "eligible family member" (a dependent, spouse, parent, or other relation who is at least 18 years old and requires assistance with at least one "activity of daily living"). 2. The credit is equal to 100% of the eligible expenditures incurred by the family caregiver, up to a maximum of $1,500 per year. Eligible expenditures include home modifications, equipment, and other goods/services that assist the caregiver in providing care. 3. The credit is refundable, meaning the taxpayer will receive a refund if the credit amount exceeds their tax liability. 4. The Department of Revenue will report annually on the total credits claimed, and a "Caregiver Tax Credit Evaluation Committee" will review the credit every 5 years to assess its effectiveness. 5. The bill takes effect upon passage and applies to tax years beginning on or after January 1 following the date of enactment.

Committee Categories

Budget and Finance

Sponsors (49)

Dave Rogers (D)*,  Jim Arciero (D),  Jenny Armini (D),  Jay Barrows (R),  David Biele (D),  Natalie Blais (D),  Michael Brady (D),  Simon Cataldo (D),  Tackey Chan (D),  Josh Cutler (D),  Angelo D'Emilia (R),  Kate Donaghue (D),  William Driscoll Jr. (D),  Michelle DuBois (D),  Jamie Eldridge (D),  Rodney Elliott (D),  Tricia Farley-Bouvier (D),  Carole Fiola (D),  Bill Galvin (D),  Sean Garballey (D),  Denise Garlick (D),  Susan Gifford (R),  Pat Haddad (D),  Ryan Hamilton (D),  Jim Hawkins (D),  Russell Holmes (D),  Steven Howitt (R),  Kristin Kassner (D),  Sally Kerans (D),  Mike Kushmerek (D),  David LeBoeuf (D),  Jack Lewis (D),  Jason Lewis (D),  David Linsky (D),  Adrian Madaro (D),  Joe McKenna (R),  Sam Montaño (D),  Brian Murray (D),  Tram Nguyen (D),  Patrick O'Connor (R),  Jim O'Day (D),  Jake Oliveira (D),  Alice Peisch (D),  Angelo Puppolo (D),  Dave Robertson (D),  Bill Straus (D),  Bruce Tarr (R),  Steve Ultrino (D),  Andy Vargas (D), 

Last Action

Accompanied a study order, see H4728 (on 06/24/2024)
(2 Companion Bills)

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Document Type Source Location
State Bill Page https://malegislature.gov/Bills/193/H2932
BillText https://malegislature.gov/Bills/193/H2932.pdf
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