Bill > S0110

This bill establishes a tax credit for family caregivers in Rhode Island who provide care and support to eligible family members. The credit would be available for taxable years beginning after December 31, 2025, and would allow eligible family caregivers to claim up to $1,000 in tax credits for expenses directly related to caring for a family member who is 65 or older or has a disability. To qualify, the caregiver must be a Rhode Island resident with an adjusted gross income under $50,000 for individuals or $100,000 for joint filers, and must have personally incurred uncompensated expenses for care. Eligible expenses include home modifications, medical equipment, hiring home care aides, respite care, adult day care, and assistive technology. The bill recognizes the significant financial and emotional burden placed on family caregivers, noting that about 80% of at-home care is provided by unpaid family members who spend an average of $7,000 annually out-of-pocket. The tax credit is designed to provide some financial relief to these caregivers and help them continue supporting their family members who need assistance with daily living activities.

Budget and Finance

https://status.rilegislature.gov/