US HB2730 | 2019-2020 | 116th Congress
Status
Spectrum: Bipartisan Bill
Status: Introduced on May 14 2019 - 25% progression, died in committee
Action: 2019-05-14 - Referred to the House Committee on Ways and Means.
Pending: House Ways And Means Committee
Text: Latest bill text (Introduced) [PDF]
Status: Introduced on May 14 2019 - 25% progression, died in committee
Action: 2019-05-14 - Referred to the House Committee on Ways and Means.
Pending: House Ways And Means Committee
Text: Latest bill text (Introduced) [PDF]
Summary
Allows an eligible caregiver a tax credit of up to $3,000 for 30% of the cost of long-term care expenses that exceed $2,000 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 needs.
Title
Credit for Caring Act of 2019
Sponsors
| Rep. Linda Sanchez [D-CA] | Rep. Tom Reed [R-NY] | Rep. Thomas Suozzi [D-NY] | Rep. Robert Wittman [R-VA] |
| Rep. Matthew Cartwright [D-PA] |
History
| Date | Chamber | Action |
|---|---|---|
| 2019-05-14 | House | Referred to the House Committee on Ways and Means. |
| 2019-05-14 | House | Introduced in House |
Same As/Similar To
SB1443 (Related) 2019-05-14 - Read twice and referred to the Committee on Finance.
Subjects
Health care costs and insurance
Income tax credits
Long-term, rehabilitative, and terminal care
Taxation
Income tax credits
Long-term, rehabilitative, and terminal care
Taxation
US Congress State Sources
| Type | Source |
|---|---|
| Summary | https://www.congress.gov/bill/116th-congress/house-bill/2730/all-info |
| Text | https://www.congress.gov/116/bills/hr2730/BILLS-116hr2730ih.pdf |
