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S 2121 110th Congress Senate Taxation Authorization Caregivers Commerce Contracts Economics and Public Finance Excise tax Families Federal aid to Indians Finance and Financial Sector Health Income tax Insurance companies Insurance premiums Long-term care insurance Minorities Social Welfare Standards Tax credits Tax deductions

CARE Act of 2007

Introduced: October 1, 2007 See on congress.gov
 Everywhere this bill has been 2 steps
Introduced
In committee
Reported out
Passed House
Passed Senate
To President
Became law
Oct 1, 2007
Read twice and referred to the Committee on Finance.
Oct 1, 2007
Introduced in Senate
 Plain-English summary Congressional Research Service

Caregiver Assistance and Relief Effort Act of 2007 or the CARE Act of 2007 - Amends the Older Americans Act of 1965 to increase and extend, through FY2011, the authorization of appropriations for the national family caregiver support program, including caregiver support programs for Native Americans.

Amends the Internal Revenue Code to: (1) allow caregivers a tax credit for family members with long-term care needs; (2) allow a tax deduction for long-term care insurance premiums; and (3) apply certain consumer protection provisions to long-term care insurance contracts.

What's happening now October 1, 2007

Read twice and referred to the Committee on Finance.

 Committees of jurisdiction 1