Bill > HB07007

This bill provides tax deductions for individuals caring for elderly persons, children, or disabled persons by modifying Connecticut's income tax code. Specifically, the bill introduces three new tax deduction categories: (1) up to $60,000 in expenses for full-time home health care for individuals 70 years or older who are related by blood, adoption, or marriage, including costs for medical supplies and in-home services; (2) up to $3,000 in expenses for care of a child qualifying under federal tax code Section 21(b)(1)(A); and (3) up to $60,000 in full-time home health care expenses for disabled individuals or children qualifying under federal tax code Sections 21(b)(1)(B) and 21(b)(1)(C). These deductions would apply to taxable years beginning on or after January 1, 2025, and can only be claimed for expenses not already deductible on federal tax returns. The bill aims to provide financial relief for family caregivers by allowing them to subtract significant caregiving expenses from their state income tax calculations, potentially reducing their overall tax burden and recognizing the economic value of family-provided care.

Budget and Finance, Health and Social Services

Aging Committee (J)

https://www.cga.ct.gov/asp/cgabillstatus/cgabillstatus.asp?selBillType=Bill&bill_num=HB07007&which_year=2025