AB 2703: Personal income tax: credit: home care services.

The Personal Income Tax Law allows various credits against the taxes imposed by that law.

This bill would allow a credit against those taxes for each taxable year beginning on or after January 1, 2019, and before January 1, 2023, in an amount equal to 25% of the amount paid or incurred during the taxable year year, not compensated for by insurance or otherwise, by a qualified taxpayer, as defined, for home care services, not to exceed $5,000. The bill would define home care services to mean nonmedical services and assistance provided by a registered home care aide, as defined, a licensed home health agency, or a licensed hospice to a qualified taxpayer who, because of advanced age or physical or mental disability, cannot perform these services that enable the qualified taxpayer to remain in his or her residence and include specified tasks.

This bill would take effect immediately as a tax levy.