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.

New Jersey's S 572, the Caregiver's Assistance Act, provides a refundable tax credit to residents caring for eligible seniors. It allows qualifying caregivers earning under $100,000 (or $50,000 if filing separately) to claim a credit equal to 22.5% of up to $3,000 in annual care expenses - capped at $675 per year - covering services like home health care, adult day care, and home modifications. The credit applies to seniors aged 60+ (or 50+ with disability benefits) who meet income thresholds, and it is refundable, meaning caregivers can receive cash back if the credit reduces their tax liability to zero. Multiple caregivers sharing responsibility for the same senior must split the credit equally unless they agree otherwise in writing.