HB4771 Summary

• Establishes a nonrefundable income tax credit for family caregivers beginning in tax year 2023, equal to 100% of eligible expenditures up to $1,500 per eligible family member.

• Defines eligible family members as individuals at least 18 years old who require assistance with activities of daily living, are Illinois residents, and are related by blood, marriage, civil union, or have close family-equivalent association with the caregiver.

• Limits eligibility to unpaid caregivers with adjusted gross income below $75,000 (individuals) or $150,000 (joint filers) who are Illinois residents and taxpayers.

• Covers eligible expenditures including home modifications, assistive equipment purchases or leases, home care aides, respite care, adult day health services, transportation, legal and financial services, and assistive technology—but excludes general household maintenance.

• Requires Department of Revenue and Department on Aging to jointly establish implementation rules and the Department on Aging to issue verification certificates; mandates annual reporting by November 1 on total credits claimed and number of recipients.