H.R.4708: Credit for Caring Act of 2016

About This Bill

Bill Sponsor

Bill Summary

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...

(Source: Library of Congress)

What Lawmakers Are Saying About This Bill

There are 3 statements associated with H.R.4708.

Bill Actions

Date Description
March 3, 2016
Referred to the House Committee on Ways and Means.
March 3, 2016

Introduced in the House by Tom Reed (R-N.Y.)

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