House Bill 7165 - Credit for Caring Act of 2024

Purpose and Summary

Chamber: House

Introduced date: 2024-01-31

Recent Activity

Referred to the House Committee on Ways and Means.

Alternative Names

Credit for Caring Act of 2024

Credit for Caring Act of 2024

To amend the Internal Revenue Code of 1986 to provide a tax credit for working family caregivers.

Associated Legislation

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Policy Areas

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Potential Impact

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Sponsors and Supporters

Rep. Carey, Mike [R-OH-15]

Cosponsors and Supporters

Rep. Sánchez, Linda T. [D-CA-38]

Rep. Kildee, Daniel T. [D-MI-8]

Rep. Kiggans, Jennifer A [R-VA-2]

Rep. Barragan, Nanette Diaz [D-CA-44]

Rep. Bishop, Sanford D. [D-GA-2]

Rep. Krishnamoorthi, Raja [D-IL-8]

Rep. Kean, Thomas H. [R-NJ-7]

Rep. Lawler, Michael [R-NY-17]

Rep. Titus, Dina [D-NV-1]

Rep. Neguse, Joe [D-CO-2]

Rep. De La Cruz, Monica [R-TX-15]

Rep. Tlaib, Rashida [D-MI-12]

Rep. Chu, Judy [D-CA-28]

Del. Norton, Eleanor Holmes [D-DC-At Large]

Rep. Casten, Sean [D-IL-6]

Rep. Garamendi, John [D-CA-8]

Rep. Davis, Donald G. [D-NC-1]

Committees and Subcommittees

Ways and Means Committee

Variations and Revisions

Monica De La Cruz

Credit for Caring Act of 2024

3/7/2024, 8:15 AM

Credit for Caring Act of 2024

This bill allows an eligible caregiver a tax credit of up to $5,000 for 30% of the cost of long-term care expenses that exceed $2,000 in a taxable year. The bill defines eligible ca...

Congress
118

Number
HR - 7165

Introduced on
2024-01-31

# Amendments
0

Sponsors
+5

Cosponsors
+5

Variations and Revisions

1/31/2024

Status of Legislation

Bill Introduced
Introduced to House
House to Vote
Introduced to Senate
Senate to Vote

Purpose and Summary

Credit for Caring Act of 2024

This bill allows an eligible caregiver a tax credit of up to $5,000 for 30% of the cost of long-term care expenses that exceed $2,000 in a taxable year. The bill defines eligible ca...

Alternative Names
Official Title as IntroducedTo amend the Internal Revenue Code of 1986 to provide a tax credit for working family caregivers.

Comments

Recent Activity

Latest Summary4/2/2024

Credit for Caring Act of 2024

This bill allows an eligible caregiver a tax credit of up to $5,000 for 30% of the cost of long-term care expenses that exceed $2,000 in a taxable year. The bill defines eligible ca...


Latest Action1/31/2024
Referred to the House Committee on Ways and Means.