Provides gross income tax credit for certain expenses paid or incurred for care and support of qualifying senior family member; designated as Caregiver's Assistance Act.

S 2303, the Caregiver's Assistance Act, creates a refundable tax credit for New Jersey residents who provide care to a qualifying senior family member. Eligible caregivers can claim 22.5% of up to $3,000 in qualifying care expenses (like home health services or adult day care) annually, totaling a maximum $675 credit. To qualify, caregivers must earn under $100,000 (or $50,000 if filing separately), and the senior must be 60+ (or 50+ with Social Security Disability) and a relative with income below the state's Elder Index. The credit is refundable, meaning unused portions are paid as a tax refund, and it can be claimed alongside a dependent deduction.