An Act to provide an income tax exemption for families caring for their elderly relatives at home

This bill creates a $4,000 income tax exemption for families caring for elderly relatives at home. It directly affects taxpayers who provided over half the support for a relative aged 70+ who lived with them for more than six months during the tax year, with adjusted gross income under $30,000 (or $40,000 for certain filers). The exemption requires the elderly relative to have turned 70 before the tax year and the taxpayer to meet residency and income thresholds. The provision would take effect for tax years beginning January 1, 2027.