3.0.0 2759 2023-01-11T13:31:27Z 2023-01-11T13:31:27Z Senate S 2016-04-07 114 ssfi00 Finance Committee Senate Standing Referred to 2016-04-07T16:20:20Z Credit for Caring Act of 2016 114 4708 HR 2016-03-03 Referred to the House Committee on Ways and Means. Related bill CRS 2016-04-07 ssfi00 Finance Committee Senate Read twice and referred to the Committee on Finance. IntroReferral 2016-04-07 Introduced in Senate IntroReferral 10000 9 Library of Congress E000295 Sen. Ernst, Joni [R-IA] Joni Ernst R IA N B001267 Sen. Bennet, Michael F. [D-CO] Michael Bennet D CO 2016-04-07 True A000368 Sen. Ayotte, Kelly [R-NH] Kelly Ayotte R NH 2016-04-07 True W000817 Sen. Warren, Elizabeth [D-MA] Elizabeth Warren D MA A. 2016-04-07 True B001230 Sen. Baldwin, Tammy [D-WI] Tammy Baldwin D WI 2016-04-21 False T000464 Sen. Tester, Jon [D-MT] Jon Tester D MT 2016-04-28 False K000360 Sen. Kirk, Mark Steven [R-IL] MARK KIRK R IL STEVEN 2016-06-09 False M000133 Sen. Markey, Edward J. [D-MA] Edward Markey D MA J. 2016-06-14 False C001047 Sen. Capito, Shelley Moore [R-WV] Shelley Capito R WV Moore 2016-06-14 False K000383 Sen. King, Angus S., Jr. [I-ME] Angus King I ME S. 2016-07-11 False S000148 Sen. Schumer, Charles E. [D-NY] Charles Schumer D NY E. 2016-07-14 False B001277 Sen. Blumenthal, Richard [D-CT] Richard Blumenthal D CT 2016-09-15 False Taxation Health care costs and insurance Income tax credits Long-term, rehabilitative, and terminal care Taxation 00 2016-04-07 Introduced in Senate 2016-04-11T15:27:50Z Credit for Caring Act of 2016

This bill amends the Internal Revenue Code to allow an eligible caregiver a new tax credit for 30% of the cost of long-term care expenses that exceed $2,000, up to $3,000 in a taxable year. The bill defines "eligible caregiver" as an individual who pays or incurs expenses for providing care to a spouse or other dependent relative with long-term care needs and who has earned income for the taxable year in excess of $7,500.

]]> Credit for Caring Act of 2016 Display Title Credit for Caring Act of 2016 Official Title as Introduced A bill to amend the Internal Revenue Code of 1986 to provide a nonrefundable credit for working family caregivers. Introduced in Senate IS Short Titles as Introduced Credit for Caring Act of 2016 Introduced in Senate 2016-04-07T04:00:00Z https://www.govinfo.gov/content/pkg/BILLS-114s2759is/xml/BILLS-114s2759is.xml 2016-04-07 Read twice and referred to the Committee on Finance. text/xml EN Pursuant to Title 17 Section 105 of the United States Code, this file is not subject to copyright protection and is in the public domain. Congressional Research Service, Library of Congress This file contains bill summaries and statuses for federal legislation. A bill summary describes the most significant provisions of a piece of legislation and details the effects the legislative text may have on current law and federal programs. Bill summaries are authored by the Congressional Research Service (CRS) of the Library of Congress. As stated in Public Law 91-510 (2 USC 166 (d)(6)), one of the duties of CRS is "to prepare summaries and digests of bills and resolutions of a public general nature introduced in the Senate or House of Representatives". For more information, refer to the User Guide that accompanies this file.