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S.1214
Title: A bill to provide a partially refundable tax credit for caregiving related expenses.
Sponsor: Sen Mikulski, Barbara A. [MD] (introduced 6/9/2003) Cosponsors (13)
Latest Major Action: 6/9/2003 Referred to Senate committee. Status: Read twice and referred to the Committee on Finance.
SUMMARY AS OF:
6/9/2003--Introduced.
Family Caregiver Relief Act of 2003 - Amends the Internal Revenue Code to revise and rename the Child Tax Credit as the Family Care Credit. Includes within such credit (in addition to the child care credit) a $3,000 credit for each qualifying individual for whom an eligible taxpayer is a long-term care provider.
Defines "eligible expenses" as: (1) certain medical care; (2) lodging away from home; (3) adult day care; (4) custodial care; (5) respite care; and (6) other specialized children's services, including day care for children with special needs.