S 4735 United States Senate · 118th Congress

FINANCE Act

This bill establishes a new grant program under the Older Americans Act to provide financial planning services specifically for family caregivers. It defines "family caregivers" as unpaid adult relatives or individuals providing in-home care for older adults or people with Alzheimer's, and "older relative caregivers" as those age 55+ caring for children or disabled relatives. Eligible entities like state agencies, nonprofits, or senior centers can receive grants to offer services including guidance on public benefits, budgeting, long-term care costs, and accessible referrals to legal aid. The program requires services to be provided in accessible formats, including translations and American Sign Language support, for caregivers with diverse needs.
Sub-Topics: Long-Term Care Tags: Seniors
Bill status in committee 1 of 4 stages cleared
Introduction
Jul 2024
Committee Review
Floor Vote
President
Introduced Jul 23, 2024 Last action Jul 23, 2024
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Full legislative history

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Total actions
2
Key actions
0
Committee
1
Jul 23, 2024
Committee
Read twice and referred to the Committee on Health, Education, Labor, and Pensions.
upper
Jul 23, 2024
Introduced
Introduced in Senate
upper
1 primary · 1 co-sponsor

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