HB2948

Establishes a tax credit for caregivers of eligible care recipients

Establishes a tax credit for eligible caregivers of eligible care recipients. To qualify, the caregiver must be a resident of the state, provide ongoing care to an eligible care recipient, and either have claimed the care recipient as a dependent or demonstrated regular caregiving responsibility. The tax credit is refundable and cannot be carried forward or transferred. The credit amount is up to $1,500 per tax year, determined by the Department of Revenue. The program will sunset six years after its effective date unless reauthorized.