This bill proposes a gross income tax deduction for senior citizens, blind, and disabled individuals for certain unreimbursed medical expenses related to long-term care, as well as for funeral expenses. Specifically, taxpayers aged 62 or older, or those who are blind or disabled, can deduct up to $50,000 for qualified long-term care services paid for themselves, their spouses, or dependents who also meet the age or disability criteria. The bill defines qualified long-term care services to include a range of necessary medical and personal care services provided under a plan prescribed by a licensed health care practitioner. Importantly, these deductions cannot be claimed if the expenses are reimbursable or if they are already deducted under existing medical expense provisions.

Additionally, the bill allows for a similar deduction of up to $50,000 for unreimbursed funeral expenses incurred for the taxpayer's spouse or dependents who were 62 years or older, blind, or disabled at the time of death. This provision aims to alleviate the financial burden on elderly and disabled taxpayers who may need to use their savings to cover funeral costs. Overall, the bill seeks to provide financial relief to vulnerable populations by allowing them to deduct significant expenses from their gross income tax calculations.