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Sen. Bailey Pushes for Tax Credit for Families Paying for Long Term Care

SPRINGFIELD- Long-term care expenses can be incredibly expensive for patients and their family members. State Senator Darren Bailey (R-Louisville) has filed legislation aimed at offering some financial help for those who have to cover the costs.

 

“Times are tough for families across the state. If you or your loved one need long-term medical care, it’s expensive, and you need all the help you can get to make ends meet financially,” said Senator Bailey. “While this bill would provide modest financial help, I hope it can be the first step toward helping Illinois families to be able to prioritize and take care of their most important expenses, including medical care, over things such as tax bills.”

 

Senate Bill 1812 would create a state income tax credit equal to the out-of-pocket expenses incurred by an individual for their own long-term medical care, or for the long-term care of their family member. In the case of family members, the credit would go the family member responsible for paying for the care, whether that is a spouse, parent, child, grandparent, or grandchild of the patient.

 

 

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