Establishes a caregiver tax credit and a family caregiver reimbursement program in New York.
The bill amends the tax law to create a caregiver tax credit of up to six thousand dollars for taxpayers caring for an individual needing assistance with daily activities. It also amends the elder law to establish a family caregiver reimbursement program to offset out-of-pocket expenses for family caregivers, including home modifications and assistive technology. The program is to be administered by the office in consultation with the commissioner of taxation and finance.
Included in complete analysis
- Overview
- Core Provisions
- Implementation
- Impact
- Legal Framework
- Critical Issues
See what it does, who it affects, and the critical issues in plain language. Free, 30 seconds.