State lawmakers in Oklahoma passed a new law that will send an amount of $3,000 to the selected and eligible residents in the state.
$3,000 in Tax Credit
Lawmakers in Oklahoma passed legislation last year that will provide $3,000 in tax credits to eligible and selected residents in the state. The new law is called the “Caring for Caregivers Act” under House Bill 1029 which aims to provide care to the elderly.
In a published article in KFOR, this will benefit the elderly members in the family who age 62 years old and above. There is also a provision in the new law that they need they need to have assistance with at least two tasks to qualify the tax credits. The tasks include ambulating, feeding, personal hygiene, dressing, continence, and toileting.
READ ALSO: January SNAP Payments In New Mexico, Worth A Maximum Of $1,751, Set To Conclude In 15 Days
Eligible Expenditures of the New Law
According to an article published in The U.S. Sun, the new law shall cover the following:
- The improvement or alteration to the family caregiver’s or eligible family member’s primary residence to permit the eligible family member to live in the residence and to remain mobile, safe, and independent.
- The family caregiver’s purchase or lease of equipment, including but not limited to durable medical equipment, that is necessary to assist an eligible family member in carrying out one or more activities of daily living (ADL).
- Other paid or incurred expenses by the family caregiver that assist the family caregiver in providing care to an eligible family member, such as expenditures related to hiring a home care aide, respite care, adult day care, personal care attendants, health care equipment, and technology.
Furthermore, Representative Tammy West said, “As a state, we care and we’re wanting to make it easier for families to take care of those that they love.”
READ ALSO: Tax Time Tune-Up: Key Dates And Deductions For Filing Your 2023 Income Taxes!