Bill > H3911

This bill establishes the family caregiver tax credit. The key provisions include: - Defining an "eligible family member" as an individual 18 years or older who requires assistance with at least one activity of daily living and qualifies as a dependent, spouse, parent, or other relation of the "family caregiver." - Allowing a refundable tax credit of up to $1,500 for 100% of eligible expenditures incurred by the family caregiver, such as home modifications, equipment purchases, and services to assist in caregiving. - Limiting the total credit to $1,500 per eligible family member and requiring the credit to be allocated proportionally if claimed by multiple caregivers. - Excluding general household maintenance expenses not directly related to assisting the caregiver. - Requiring the Department of Revenue to issue an annual report on the credits claimed and establishing a Caregiver Tax Credit Evaluation Committee to review the credit every 5 years. - Applying the credit to taxable years beginning on or after January 1 following the date of enactment.

Budget and Finance, Health and Social Services

https://malegislature.gov/Bills/190/H3911