US HB2505 | 2017-2018 | 115th Congress
Status
Spectrum: Slight Partisan Bill (Democrat 17-9-1)
Status: Introduced on May 17 2017 - 25% progression, died in committee
Action: 2017-05-17 - 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 17 2017 - 25% progression, died in committee
Action: 2017-05-17 - Referred to the House Committee on Ways and Means.
Pending: House Ways And Means Committee
Text: Latest bill text (Introduced) [PDF]
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 needs.
Title
Credit for Caring Act of 2017
Sponsors
| Rep. Tom Reed [R-NY] | Rep. Linda Sanchez [D-CA] | Sen. Kyrsten Sinema [I-AZ] | Rep. Michelle Lujan Grisham [D-NM] |
| Rep. Joaquin Castro [D-TX] | Rep. Gene Green [D-TX] | Rep. Frederica Wilson [D-FL] | Rep. Chris Collins [R-NY] |
| Sen. Jacky Rosen [D-NV] | Rep. Peter DeFazio [D-OR] | Rep. John Katko [R-NY] | Rep. Daniel Donovan [R-NY] |
| Rep. Ro Khanna [D-CA] | Rep. Derek Kilmer [D-WA] | Rep. Carol Shea-Porter [D-NH] | Rep. Grace Meng [D-NY] |
| Rep. Jeff Fortenberry [R-NE] | Rep. Peter King [R-NY] | Rep. Glenn Thompson [R-PA] | Rep. David Cicilline [D-RI] |
| Rep. Robert Scott [D-VA] | Rep. Pete Sessions [R-TX] | Rep. Ted Lieu [D-CA] | Rep. Richard Nolan [D-MN] |
| Rep. Stephen Knight [R-CA] | Rep. Josh Gottheimer [D-NJ] | Rep. Grace Napolitano [D-CA] |
History
| Date | Chamber | Action |
|---|---|---|
| 2017-05-17 | House | Referred to the House Committee on Ways and Means. |
| 2017-05-17 | House | Introduced in House |
Same As/Similar To
SB1151 (Same As) 2017-05-17 - 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/115th-congress/house-bill/2505/all-info |
| Text | https://www.congress.gov/115/bills/hr2505/BILLS-115hr2505ih.pdf |
