H.R.2505: Credit for Caring Act of 2017

About This Bill

Bill Sponsor

Bill Summary

Credit for Caring Act of 2017 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 has earned income for the taxable year in excess of $7,500 and pays or incurs expenses for providing care to a spouse or other dependent relative with long-term care...

(Source: Congressional Research Service)

What Lawmakers Are Saying About This Bill

There is one statement associated with H.R.2505.

Bill Actions

Date Description
May 17, 2017
Referred to the House Committee on Ways and Means.
May 17, 2017

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

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