Income tax, state; creates a nonrefundable credit for family caregivers.

Family caregiver tax credit. Creates a nonrefundableincome tax credit for taxable years 2022 through 2026 for expensesincurred by an individual in caring for an eligible family member,defined in the bill, who requires assistance with one or more activitiesof daily living, also defined in the bill. The credit equals 50 percentof eligible expenditures incurred by the caregiver up to $1,000. Inorder to qualify for the credit, the family caregiver must (i) notreceive any compensation or reimbursement for the eligible expenditures,(ii) have federal adjusted gross income that is no greater than $75,000for an individual or $150,000 for married persons, and (iii) livein the same primary residence as the eligible family member for nofewer than 183 days during the taxable year. The bill requires theTax Commissioner to establish guidelines for claiming the creditand provides that any unused credit may be carried forward by thetaxpayer for five taxable years following the taxable year for whichthe credit was issued.