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S. 897

BillFederalSenateIn Committee
Alzheimer's Family Assistance Act of 2007
About This Bill
Committee
Latest Action · March 15, 2007
Read twice and referred to the Committee on Finance.
Congress
110th (2007–2009)
Introduced
March 15, 2007
Cosponsors (25)
17D 7R
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Summary

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Alzheimer's Family Assistance Act of 20007 - Amends the Internal Revenue Code to: (1) allow a phased-in tax credit ($1,000 in 2007 increasing by $500 each year until allowing $3,000 in 2011) for family caregivers of spouses and dependents who have long-term care needs; (2) allow a tax deduction for long-term care insurance premiums; and (3) apply certain consumer protection standards to long-term care insurance contracts.

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