Bill > HCR1009

This concurrent resolution urges Oklahoma's Congressional Delegation to support the Credit for Caring Act, a proposed federal tax credit designed to provide financial relief to family caregivers. The resolution highlights the significant contributions of approximately 490,000 family caregivers in Oklahoma who collectively provide over $6.6 billion in unpaid care, enabling older adults to remain in their homes instead of moving to expensive institutional facilities. The proposed tax credit would offer up to $5,000 annually to working family caregivers, helping to offset the estimated $7,000 per year that caregivers typically spend out-of-pocket on expenses such as transportation, medical equipment, home modifications, and care services. By supporting this legislation, the resolution argues that the federal government can help alleviate the financial strain on family caregivers, recognize their essential work, and potentially reduce long-term healthcare costs for taxpayers. The resolution notes that Oklahoma has already demonstrated leadership in this area by passing the nation's first comprehensive state-based caregiver tax credit and points out that both President Donald Trump and Oklahoma Representative Tom Cole have previously expressed support for family caregivers.

http://www.oklegislature.gov/BillInfo.aspx?Bill=hcr1009&Session=2600