Credit for Caring Act of 2021
Latest action · May 18, 2021 Read twice and referred to the Committee on Finance.
Progress
Where this bill reached, and when. A stage with no date was not reached; one that failed a vote and later carried shows the date it carried.
- IntroducedMay 18, 2021
- Passed SenateNot reached
- Passed HouseNot reached
- To the PresidentNot reached
- Became lawNot reached
Summary
Credit for Caring Act of 2021
This bill allows an eligible caregiver a tax credit of up to $5,000 for 30% of the cost of long-term care expenses that exceed $2,000 in a taxable year. The bill defines eligible caregiver as an individual who has earned income for the taxable year in excess of $7,500 and pays or incurs expenses for providing care to a spouse or other dependent relative with long-term care needs.
Cosponsors 22
Members who signed on, in the order they did. Signatures ran from May 18, 2021 to Sep 28, 2022; 3 are original cosponsors, there from the day it was introduced.
| Seat | Cosponsor | Signed on | |
|---|---|---|---|
| D-MA | Elizabeth Warren | Original | May 18, 2021 |
| D-CO | Michael F. Bennet | Original | May 18, 2021 |
| R-WV | Shelley Moore Capito | Original | May 18, 2021 |
| I-ME | Angus S. King Jr. | Sep 13, 2021 | |
| D-DE | Christopher A. Coons | Sep 13, 2021 | |
| D-CA | Dianne Feinstein | Sep 13, 2021 | |
| D-NV | Jacky Rosen | Sep 13, 2021 | |
| D-NY | Kirsten E. Gillibrand | Sep 13, 2021 | |
| I-AZ | Kyrsten Sinema | Sep 13, 2021 | |
| D-NH | Margaret Wood Hassan | Sep 13, 2021 | |
| D-AZ | Mark Kelly | Sep 13, 2021 | |
| D-CT | Richard Blumenthal | Sep 13, 2021 | |
| D-PA | Robert P. Casey Jr. | Sep 13, 2021 | |
| D-WI | Tammy Baldwin | Sep 13, 2021 | |
| D-MD | Chris Van Hollen | Sep 20, 2021 | |
| D-MI | Debbie Stabenow | Sep 20, 2021 | |
| D-WV | Joe Manchin III | Sep 20, 2021 | |
| R-ME | Susan M. Collins | Oct 4, 2021 | |
| D-GA | Raphael G. Warnock | Oct 5, 2021 | |
| D-RI | Sheldon Whitehouse | Oct 7, 2021 | |
| D-OH | Sherrod Brown | Jan 31, 2022 | |
| R-AK | Lisa Murkowski | Sep 28, 2022 |
Committees 1
Where it was sent and what each committee and subcommittee did with it, in order.
| Chamber | Committee | What it did |
|---|---|---|
| Senate | Finance Committee | Referred May 18, 2021 |
Actions 2
Everything that happened, newest first.
- May 18, 2021Introduced in Senate
- May 18, 2021Read twice and referred to the Committee on Finance.
Research
What has been written about this bill: committee reports, cost estimates, the sponsor’s authority statement, printed hearings and the Congressional Research Service’s work.
Printed hearings 1
Hearings whose printed record names this bill, newest first: hearings on it, and wider hearings where it came up.
| Number | Hearing | Committee | Held |
|---|---|---|---|
| S. Hrg. 117-760 | AFFORDABILITY AND ACCESSIBILITY: ADDRESSING THE HOUSING NEEDS OF AMERICA'S SENIORS86 pages | Banking, Housing, and Urban Affairs Committee | Mar 31, 2022 |
Related bills 2
Companion bills and other measures the record links to this one.
| Bill | Title | Relationship | Latest action |
|---|---|---|---|
| S 1443 | Credit for Caring Act of 2019 | Reintroduction of | May 14, 2019 |
| HR 3321 | Credit for Caring Act of 2021 | Related bill | May 18, 2021 |
Titles 2
Every title it has carried, official and short, at each stage.
- Official Title as Introduced
- A bill to amend the Internal Revenue Code of 1986 to provide a nonrefundable credit for working family caregivers.
- Short Title(s) as Introduced
- Credit for Caring Act of 2021
Subjects
Assigned by the Library of Congress. Policy area: Taxation.
Text 1
Each version as it was printed, newest first.
- May 18, 2021Introduced in Senate
Everything here is as published by Congress: the summary is the Congressional Research Service's, the action wording is the clerks', and the subjects are the Library of Congress's. How far it got is read from the actions themselves, taking the most recent one of each kind, so a bill that failed a vote and later passed is shown as having passed. Records come from this bill on Congress.gov and govinfo.gov; cost estimates are the Congressional Budget Office's, and the hearings are the printed hearings GovInfo publishes, which can appear months after the hearing.
