BILL NUMBER: S8650
SPONSOR: CLEARE
 
TITLE OF BILL:
An act to amend the tax law, in relation to establishing a caregiver tax
credit; and to amend the elder law, in relation to establishing a family
caregiver reimbursement program
 
PURPOSE:
Supports our caregiving families and networks in the State by establish-
ing .a caregiver tax credit and a family caregiver reimbursement
program.
 
SUMMARY OF PROVISIONS:
The Tax and Elder Laws are amended to include two of the provisions of
the 2025 State Master Plan On Aging, establishing a caregiver tax credit
and a family caregiver reimbursement program.
 
JUSTIFICATION:
Older New Yorkers in our State are primarily taken care of by "caregiv-
ers" not doctors, nurses, institutional medical personnel but family,
friends and home health aides. Caregiving saves the State billions of
dollars annually but in order for it to continue, caregivers need
support. This bill provides them minor but meaningful recompense.
 
PRIOR LEGISLATIVE HISTORY:
New Bill.
 
FISCAL IMPLICATIONS:
To Be Calculated.
 
EFFECTIVE DATE:
180 Days.

Statutes affected:
S8650: 606 tax law