MI HB5214

Creates a refundable income tax credit for eligible family caregivers equal to 30% of qualified caregiving expenses or $2,000, whichever is less, effective for tax years beginning January 1, 2026

Limits eligibility to Michigan residents with adjusted gross income below $50,000 (single filers) or $100,000 (joint filers) who incur at least $2,000 in uncompensated caregiving expenses

Defines eligible family members as those living in private homes (not nursing homes or assisted living) who cannot perform at least 2 activities of daily living without substantial assistance, or have severe cognitive impairment

Qualified expenses include respite care, counseling, transportation (at federal medical mileage rate), assistive technologies, home care aides, medical equipment, and home or vehicle accessibility modifications

Excludes expenses reimbursed by insurance or government programs, as well as general household maintenance costs like painting, plumbing, or electrical work