12/08/2025 | Press release | Distributed by Public on 12/08/2025 21:33
WASHINGTON, D.C. - Today, Chairman Rick Scott of the U.S. Senate Special Committee on Aging announced he joined Senator Peter Welch with the bipartisan introduction of the Multigenerational Home Caregiver Credit Act, a bill aimed at supporting those caring for aging family members. The legislation would offer a $2,000 tax credit to adults who provide in-home care for an older family member, helping ease the financial strain created by rising health care costs. By encouraging intergenerational caregiving and strengthening resources for both new and longtime caregivers, the Multigenerational Home Caregiver Credit Act will work to ensure seniors can age with dignity and independence while continuing to live in their homes.
Chairman Rick Scott said, "Multigenerational households have long strengthened our communities and improved the well-being of our aging Americans, something families across the country already understand. As chairman of the U.S. Senate Special Committee on Aging, I'm proud to help lead this legislation to establish the Multigenerational Home Caregiver Credit, providing family caregivers with meaningful relief as they care for aging parents or family members at home, where they can maintain their dignity and independence while surrounded by loved ones."
Senator Peter Welch said, "We can always do more to meet the needs of aging Americans, and supporting the family caregivers who deliver world-class care to their relatives is a major part of ensuring that older folks can continue to age with dignity in the comfort of their own homes. Creating a tax credit that provides relief to families providing in-home care to elderly relatives will help aging Americans remain in their communities with a known and reliable support system. I'm proud to partner with Senator Scott on this legislation to ensure older Americans can age with compassion surrounded by the ones they love."
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