NJ A935

Creates a refundable gross income tax credit equal to 20% of expenses paid to health care service firms for in-home companion services, health care services, or personal care services

Limits eligibility to taxpayers who are permanently and totally disabled or age 65 or older with gross income under $150,000 per year

Excludes any expenses that have been reimbursed or paid by an insurance company from the credit calculation

Takes effect for taxable years beginning on or after January 1 following enactment