Bill > A09587

This bill establishes a caregiver tax credit of up to $6,000 for qualifying taxpayers who provide care for an individual aged 18 or older needing assistance with daily living activities, meet dependent criteria, and fall within certain income limits, allowing them to claim 50% of their out-of-pocket caregiver expenses as a credit against their taxes, with any excess credit refundable. Additionally, it creates a family caregiver reimbursement program, administered by the state office responsible for elder affairs, to help offset family caregivers' direct spending on items like home modifications and assistive technology, with both programs requiring the development of necessary rules and regulations for their implementation.

Budget and Finance

https://www.nysenate.gov/legislation/bills/2025/A9587