On April 16, AARP Vermont Associate State Director of Advocacy Colin Hilliard presented testimony to the Vermont House Ways and Means Committee in support of S.51. This bill would provide individuals who provide uncompensated care a refundable credit against their personal income tax liability valued up to $1,000 if certain income, familial, and time requirements are met.
Since the new administration took office in Washington, D.C., AARP has initiated a campaign to champion the Credit for Caring Act. This proposed legislation seeks to provide working family caregivers with a non-refundable tax credit to help alleviate caregiving expenses.
North Carolina is facing a shortage of nursing home and home-care workers. During this year’s legislative session, AARP North Carolina is working to educate state lawmakers about the issue.
Each session covers essential topics, with presentations by local experts on subjects such as legal and financial planning, caregiver brain health, and veterans benefits. Caregivers are equipped with information to proactively consider long-term care and end-of-life planning.
EN ESPAÑOL | NEW YORK — AARP New York commends the reintroduction of the Credit for Caring Act, legislation that would provide financial relief to eligible working family caregivers. The bill, co-sponsored by U.S. Representatives Mike Lawler, Nicole Malliotakis and Ritchie Torres of New York, offers up to a $5,000 nonrefundable federal tax credit to help offset caregiving expenses, addressing the significant personal and financial sacrifices caregivers make to support their loved ones. On average, family caregivers spend over $7,200 annually —26% of their income — on out-of-pocket expenses.