Bill > HB279

This bill creates a new nonrefundable income tax credit for family caregivers in Ohio who provide financial support and care for eligible family members. To qualify, the family caregiver must be an Ohio resident with an adjusted gross income between $7,500 and $94,000 (depending on filing status), and must incur at least $1,000 in out-of-pocket expenses directly related to caring for an eligible family member. An eligible family member is at least 50 years old, requires assistance with at least two activities of daily living (such as bathing, dressing, feeding), and lives in a private residential home. Eligible expenses can include home or vehicle modifications, medical equipment, respite care, home health aides, transportation, and other care-related costs. The tax credit will be equal to 30% of these expenses, with a maximum credit of $2,000 per year. If the credit amount exceeds the taxpayer's tax liability, the excess can be carried forward to future tax years. Multiple family caregivers can claim the credit for the same family member, but cannot claim the same specific expenses. The bill also modifies existing tax code sections to incorporate this new credit into the existing tax credit structure, and will apply to taxable years ending on or after the bill's effective date.

Budget and Finance

https://www.legislature.ohio.gov/legislation/136/hb279