Provides a tax credit for qualified caregiving expenses

S 4383 creates a New York State tax credit for residents who pay for qualified caregiving expenses for eligible family members. It directly affects New York residents with a combined income under $150,000 (or $75,000 individually) who provide unpaid care to a family member needing assistance with daily living activities (like bathing or eating) and living in New York. The credit covers up to 50% of qualifying expenses - such as home health services, adult day care, or home modifications - capped at $3,500 annually per family. The credit is limited to $35 million total per year, allocated on a first-come, first-served basis, and expires after 2028.