summary
Introduced
01/31/2024
01/31/2024
In Committee
01/31/2024
01/31/2024
Crossed Over
Passed
Dead
01/03/2025
01/03/2025
Introduced Session
118th Congress
Bill Summary
A BILL To amend the Internal Revenue Code of 1986 to provide a tax credit for working family caregivers.
AI Summary
This bill, the Credit for Caring Act of 2024, amends the Internal Revenue Code to provide a tax credit of up to $5,000 for working family caregivers who pay qualified expenses in connection with providing care for a qualified care recipient, such as a spouse or other close relative. The credit is equal to 30% of qualified expenses above $2,000, with the credit amount phasing out for taxpayers with higher adjusted gross incomes. Qualified expenses include costs for human assistance, assistive technologies, home modifications, transportation, and other goods and services to support the care recipient's daily living activities. The bill also allows credits for certain caregiver-specific expenses like respite care, counseling, and lost wages.
Committee Categories
Budget and Finance
Sponsors (82)
Mike Carey (R)*,
Colin Allred (D),
Gabe Amo (D),
Becca Balint (D),
Nanette Barragán (D),
Joyce Beatty (D),
Sanford Bishop (D),
Lisa Blunt Rochester (D),
Brendan Boyle (D),
Nikki Budzinski (D),
Tim Burchett (R),
Yadira Caraveo (D),
Salud Carbajal (D),
André Carson (D),
Troy Carter (D),
Matt Cartwright (D),
Sean Casten (D),
Kathy Castor (D),
Lori Chavez-DeRemer (R),
Judy Chu (D),
Lou Correa (D),
Jason Crow (D),
Sharice Davids (D),
Don Davis (D),
Monica De La Cruz (R),
Madeleine Dean (D),
Chris Deluzio (D),
Veronica Escobar (D),
Dwight Evans (D),
John Garamendi (D),
Josh Gottheimer (D),
Al Green (D),
Jahana Hayes (D),
Steven Horsford (D),
Chrissy Houlahan (D),
Val Hoyle (D),
Tom Kean (R),
Bill Keating (D),
Robin Kelly (D),
Jen Kiggans (R),
Dan Kildee (D),
Derek Kilmer (D),
Andy Kim (D),
Raja Krishnamoorthi (D),
Mike Lawler (R),
Seth Magaziner (D),
Tracey Mann (R),
Rob Menendez (D),
Seth Moulton (D),
Frank Mrvan (D),
Kevin Mullin (D),
Joe Neguse (D),
Wiley Nickel (D),
Eleanor Holmes Norton (D),
Ilhan Omar (D),
Jimmy Panetta (D),
Mary Peltola (D),
Brittany Pettersen (D),
Chellie Pingree (D),
Mark Pocan (D),
Deborah Ross (D),
Andrea Salinas (D),
Linda Sánchez (D),
Jan Schakowsky (D),
Mikie Sherrill (D),
Elissa Slotkin (D),
Darren Soto (D),
Abigail Spanberger (D),
Greg Stanton (D),
Tom Suozzi (D),
Shri Thanedar (D),
Dina Titus (D),
Rashida Tlaib (D),
Ritchie Torres (D),
David Trone (D),
David Valadao (R),
Jeff Van Drew (R),
Juan Vargas (D),
Gabe Vasquez (D),
Debbie Wasserman Schultz (D),
Susan Wild (D),
Nikema Williams (D),
Last Action
Referred to the House Committee on Ways and Means. (on 01/31/2024)
Official Document
bill text
bill summary
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bill summary
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bill summary
| Document Type | Source Location |
|---|---|
| State Bill Page | https://www.congress.gov/bill/118th-congress/house-bill/7165/all-info |
| BillText | https://www.congress.gov/118/bills/hr7165/BILLS-118hr7165ih.pdf |
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