Creating Caregiver Tax Credit Act

SB 697 creates a nonrefundable tax credit for West Virginia family caregivers who provide unpaid care to eligible relatives. It allows a 50% credit on qualifying out-of-pocket expenses for caregiving, capped at $2,000 annually, covering costs like home modifications, medical equipment, hiring aides, or transportation. To qualify, the caregiver must be a West Virginia resident, and the care recipient must be 18+ years old, live in a private home (not a facility), and require assistance with daily activities like bathing or eating, as certified by a healthcare provider. The credit applies to expenses incurred after January 1, 2027, and excludes general home maintenance or reimbursed costs.