A new bill filed at the Arkansas State Capitol, House Bill 1076, seeks to provide income tax credits to unpaid family caregivers. The bill, sponsored by Representative Ashley Hudson, aims to support family members caring for elderly relatives, those with dementia, and veterans.
Under the bill, family caregivers can claim a maximum tax credit of $2,000 to $3,000 annually for caring for their veteran or dementia-diagnosed relatives. The total credits issued each year are capped at $1.5 million.
Representative Hudson emphasizes the importance of recognizing and supporting the vital role that family caregivers play in our communities. The bill aims to provide some financial relief to those who selflessly care for their loved ones at home.
For more information on this bill and its potential impact, visit KARK’s website. Stay updated on the latest news and legislation at the Arkansas State Capitol by following KAIT.
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