S 5149
118th Congress
Senate
Taxation
Catching Up Family Caregivers Act of 2024
Introduced: September 24, 2024
Introduced by:
Collins, Susan M.
Republican
· Maine
See on congress.gov
Everywhere this bill has been
2 steps
Introduced
In committee
Reported out
Passed House
Passed Senate
To President
Became law
Sep 24, 2024
Read twice and referred to the Committee on Finance. (text: CR S6371; Sponsor introductory remarks on measure: CR S6371)
Sep 24, 2024
Introduced in Senate
Plain-English summary
Catching Up Family Caregivers Act of 2024
This bill allows qualified family caregivers to make catch-up contributions to a retirement account for up to five years. A qualified family caregiver is an unemployed or severely underemployed adult who provides 500 hours or more during one tax year of in-home care, monitoring, management, supervision, or treatment of an adult with special needs or a child.
What's happening now
Read twice and referred to the Committee on Finance. (text: CR S6371; Sponsor introductory remarks on measure: CR S6371)
Committees of jurisdiction
1
Cosponsors
1