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  1.  
    This appeared today in Caregiving Policy Digest. (caregiver.org)

    "Federal Legislation, Policy & Reports

    Caregiver Assistance and Relief Effort (CARE) Act Reintroduced

    Senator Bob Menendez (D-NJ) and Representative Eddie Bernice Johnson (D-TX) recently reintroduced his legislation from 2007, the Caregiver Assistance and Relief Effort (CARE) Act (S 2958/ H.R. 1192). The bill would provide a tax credit to those caring for a family member with long-term care needs; the credit would start at $2,500 in 2010, with a reduction of $100 for every $1,000 the taxpayer earns over $75,000. The credit would increase to $2,750 in 2011 and $3,000 in 2012. In addition, the bill would increase funding for the National Family Caregiver Support Program (NFCSP) to $250 million in FY 2011, up from $154 million in FY 2010. It would also allow a tax deduction for long-term care insurance premiums and apply certain consumer protection provisions to long-term care insurance contracts."

    Haven't had time yet to find out further info.
    • CommentAuthorcarosi*
    • CommentTimeFeb 17th 2010
     
    Would be wonderful if it was a credit like the Earned Income Credit.
  2.  
    Thank you, vigilant Vickie.
    • CommentAuthorJane*
    • CommentTimeFeb 17th 2010
     
    It is suppose to be a direct credit, this bill was introduced before and never got off ground, I do hope we get it this year. The requirements are much like those of NH criteria, your loved one has to meet certain guidelines but most of us would qualify.
  3.  
    That's what I thought, too, Jane. Let's hope and pray it goes this time.
    •  
      CommentAuthorfolly*
    • CommentTimeFeb 17th 2010
     
    Thanks, Vickie. The bill would certainly be a help to a lot of people if it passes.