Family caregivers in WV would be eligible for a tax credit, bill sits in Senate Finance

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Proposed Legislation to Support Caregivers

A new proposal in the West Virginia Legislature could provide much-needed financial relief to family caregivers across the state. Senate Bill 697, also known as the “Caregiver Tax Credit Act,” aims to establish a nonrefundable tax credit of up to $2,000 for individuals who care for aging or disabled family members. This credit would help offset expenses such as medical supplies, home modifications, transportation, and in-home care services.

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The bill specifically targets unpaid caregivers—relatives who often sacrifice their own financial stability to ensure the well-being of loved ones. Many caregivers are forced to cut back on work hours or leave their jobs entirely to provide necessary care. This tax credit would serve as a small but meaningful way to ease their financial burden.

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Potential Impact on West Virginia Families

Supporters of the bill, including AARP West Virginia, emphasize that this legislation could benefit approximately 250,000 family caregivers in the state. These caregivers provide essential support to elderly or disabled individuals, reducing the demand on the formal healthcare system and nursing facilities.

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By helping caregivers afford necessary supplies and services, the tax credit could also allow more individuals to remain in their homes rather than moving into costly assisted living or nursing home care. Studies show that in-home care is often preferred by patients and is typically more cost-effective than institutional care.

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Challenges and Legislative Roadblocks

Despite strong advocacy from organizations and caregivers, the bill has stalled in the Senate Finance Committee. Lawmakers are concerned about its potential impact on the state’s General Revenue funds. Critics argue that while the tax credit could provide valuable assistance, it may also place additional strain on West Virginia’s already tight budget.

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Advocates, however, counter that the long-term savings could outweigh the initial costs. By supporting caregivers, the state could reduce reliance on Medicaid-funded nursing home care, ultimately saving taxpayer money.

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What’s Next for the Bill?

As the bill remains under consideration, supporters are urging lawmakers to recognize the vital role of family caregivers. Public advocacy efforts continue, with organizations encouraging caregivers and their families to contact their representatives and voice their support.

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If passed, the Caregiver Tax Credit Act could provide long-overdue financial assistance to West Virginia families, acknowledging the unpaid labor of caregivers and ensuring that those in need receive the best possible care at home.

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