AN ACT RELATING TO HUMAN SERVICES -- THE RHODE ISLAND FAMILY CAREGIVER TAX CREDIT ACT

SB 110, known as "The Rhode Island Family Caregiver Tax Credit Act," establishes a state income tax credit for eligible Rhode Island resident taxpayers. The bill allows a credit of 50% of certain uncompensated expenses, up to a maximum of $1,000, incurred for the care and support of a qualifying family member. Eligible family members must be at least 65 years old or have a disability, require assistance with daily activities, and reside with the caregiver for at least six months. This credit, which cannot reduce tax liability below zero, is intended to help relieve the financial burden on family caregivers and applies to taxable years beginning after December 31, 2025.