S.1151: Credit for Caring Act of 2017

About This Bill

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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: Library of Congress)

Bill Actions

Date Description
May 17, 2017
Read twice and referred to the Committee on Finance.
May 17, 2017

Introduced in the Senate by Joni Ernst (R-Iowa)

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