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Senate advances refundable $1,000 unpaid caregiver tax credit, aimed at older Vermonters
Summary
S.51 would create a refundable $1,000 tax credit for eligible unpaid caregivers who provide more than 20 hours per week of care, with income phaseouts and eligibility documentation; the Senate amended and ordered the bill for third reading.
The Vermont Senate advanced S.51 on March 19, a proposal to create a refundable unpaid caregiver tax credit designed to help Vermonters who provide substantial unpaid care to relatives.
Senator Ruth Hardy, reporting for the Committee on Finance, framed the bill around constituent testimony and state data: she said more than 70,000 Vermonters provide unpaid care and that most unpaid caregivers are women over 55. The bill would provide a…
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