Creating an individual income tax credit for certain medical debt and making an appropriation. (FE)

What it would have done

Summary by the Legislative Reference Bureau, the Legislature's nonpartisan drafting office. It's their wording, not ours.

This bill creates a refundable individual income tax credit for costs incurred by an individual for medical debt, which is defined as debt incurred by a claimant for medical or health-related costs attributable to the care and treatment of the claimant's spouse in the year in which the spouse dies, or in the prior year. The definition of medical debt includes respite, hospice, and palliative care. Under the bill, the maximum credit that a claimant may claim is $10,000. No individual may claim the credit more than once, and no credit is allowed if the claimant's federal adjusted gross income exceeds $100,000 or if the claimant is married and files a joint return. Because the credit is refundable, if the amount of the claim for which a claimant is eligible exceeds the claimant's tax liability, the difference will be paid to the claimant by check.

Who's behind it

Katrina Shankland, a Democrat, is its author⁠.

What it would cost

State agencies filed a cost estimate. Each opens as a PDF from the Legislature.

• Fiscal Estimate From DOR