To amend the Internal Revenue Code of 1986 to provide an income tax credit for eldercare expenses.
Analysis under review: This bill has generated analysis that may be too generic or incomplete. Clause-level evidence remains available below.
Summary
What This Bill Does
This bill, To amend the Internal Revenue Code of 1986 to provide an income tax credit for eldercare expenses., changes federal law or congressional policy affecting health care providers and patients. The main policy domain is Healthcare, Environment, Finance.
Who Benefits and How
health care providers and patients may benefit from new authority, funding, eligibility, regulatory clarity, or reduced risk created by the bill.
Who Bears the Burden and How
federal implementing agencies, health care providers and patients may take on implementation duties, reporting obligations, compliance costs, or oversight responsibilities.
Key Provisions
- Section idC80138AED15A421888E698DF796FAA2B: 1. Short title This Act may be cited as the Americans Giving Care to Elders Act of 2024 or the AGE Act of 2024.
- Section id8A7C4D916A2F49898ABE40544BFD37AF: 2. Credit for eldercare expenses Subpart A of part IV of subchapter A of chapter 1 of the Internal Revenue Code of 1986 is amended by inserting after section...
- Section id5D93C8EC210C4C21AFFE0AA8E8B8AB42: 25F. Expenses for eldercare In the case of an individual for which there are 1 or more qualifying individuals with respect to such individual, there shall be...
Evidence Chain:
This summary is generated from the full bill text using AI analysis. Expand "Detailed Analysis" below for identified beneficiaries/burden bearers with clause-level evidence links.
At a Glance
What This Bill Does
This bill, To amend the Internal Revenue Code of 1986 to provide an income tax credit for eldercare expenses., changes federal law or congressional policy affecting health care providers and patients.
Key Policy Areas
Healthcare, Environment, Finance
Primary Purpose
This bill, To amend the Internal Revenue Code of 1986 to provide an income tax credit for eldercare expenses., changes federal law or congressional policy affecting health care providers and patients.
Policy Domains
Whole bill
Identified Gains
- health care providers and patients
Identified Costs
- federal implementing agencies
- health care providers and patients
Sponsors
Amy Klobuchar
D-MN | Primary Sponsor
Legislative Progress
IntroducedMs. Klobuchar (for herself and Ms. Smith) introduced the following …
Impact analysis is available but no clear stakeholder effects identified. View clause-level analysis →
Bill Structure & Actor Mappings
Who is "The Secretary" in each section?
- "the_secretary"
- → The Secretary identified in the operative section
We use a combination of our own taxonomy and classification in addition to large language models to assess meaning and potential beneficiaries. High confidence means strong textual evidence. Always verify with the original bill text.
Learn more about our methodology