AN ACT PROVIDING A FAMILY CAREGIVER TAX CREDIT.

SB 197 creates a new tax credit for family caregivers who pay for the care and support of elderly relatives. It directly affects adult children or other relatives providing unpaid care to older family members. The bill provides a credit against state income tax for eligible out-of-pocket expenses related to that care, such as medical supplies or in-home assistance. This policy change offers financial relief to caregivers by reducing their state tax burden for specific caregiving costs.