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IN HB1416
Bill
Status
Introduced
1/22/2013
Primary Sponsor
Suzanne Crouch
Click for details
AI Summary
- Creates an Indiana income tax credit for taxpayers who provide unpaid care to elderly family members aged 65 or older living in the same household
- Limits eligibility to taxpayers with federal adjusted gross income under $50,000 caring for family members with income under $30,000
- Sets the credit at 50% of caregiving expenses (including training, supplies, transportation, home modifications, and medical equipment), with a maximum credit of $500
- Excludes family members receiving long-term care through Medicaid waivers, CHOICE program, Social Services Block Grant, or Older Americans Act programs
- Prohibits refunds, carrybacks, or carryforwards of unused credit amounts, effective for taxable years beginning after December 31, 2013
Legislative Description
Tax credit for family caregivers.
Last Action
First reading: referred to Committee on Ways and Means
1/22/2013
Committee Referrals
Ways and Means1/22/2013
Full Bill Text
No bill text available