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Bill > S1596


MA S1596

MA S1596
Establishing a tax credit for families caring for elderly relatives and victims of Alzheimer's and Dementia


summary

Introduced
01/23/2017
In Committee
01/23/2017
Crossed Over
Passed
Dead
12/31/2018

Introduced Session

190th General Court

Bill Summary

For legislation to establish a tax credit for families caring for elderly relatives and victims of Alzheimer's and Dementia. Revenue.

AI Summary

This bill establishes a tax credit of $2,500 for families who have provided more than half the support for an elderly relative aged 70 or over, or a totally disabled relative with Alzheimer's disease or dementia, provided the relative resided with the taxpayer for more than 6 months of the taxable year. If the credit reduces the tax to zero, the taxpayer is entitled to a refund for the amount by which the credit exceeded the tax due.

Committee Categories

Budget and Finance

Sponsors (4)

Last Action

Accompanied a study order, see S2497 (on 04/30/2018)

bill text


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