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[Congressional Bills 118th Congress]
[From the U.S. Government Publishing Office]
[H.R. 9764 Introduced in House (IH)]

<DOC>

118th CONGRESS
  2d Session
                                H. R. 9764

To amend the Internal Revenue Code of 1986 to allow additional catch-up 
              contributions for certain family caregivers.

_______________________________________________________________________

                    IN THE HOUSE OF REPRESENTATIVES

                           September 23, 2024

 Ms. Pettersen (for herself and Ms. Salazar) introduced the following 
      bill; which was referred to the Committee on Ways and Means

_______________________________________________________________________

                                 A BILL

 
To amend the Internal Revenue Code of 1986 to allow additional catch-up 
              contributions for certain family caregivers.

    Be it enacted by the Senate and House of Representatives of the 
United States of America in Congress assembled,

SECTION 1. SHORT TITLE.

    This Act may be cited as the ``Catching Up Family Caregivers Act of 
2024''.

SEC. 2. ADDITIONAL CATCH-UP CONTRIBUTIONS FOR CERTAIN FAMILY 
              CAREGIVERS.

    (a) In General.--Subparagraph (A) of section 414(v)(5) of the 
Internal Revenue Code of 1986 is amended--
            (1) by striking ``who would'' and inserting
    ``who--
                            ``(i) would'',
            (2) by adding ``or'' at the end, and
            (3) by adding at the end the following new clause:
                            ``(ii) is a qualified family caregiver for 
                        the taxable year,''.
    (b) Qualified Family Caregiver.--Paragraph (6) of section 414(v) of 
the Internal Revenue Code of 1986 is amended by adding at the end the 
following new subparagraphs:
                    ``(D) Qualified family caregiver.--
                            ``(i) In general.--Except as provided in 
                        clause (ii), the term `qualified family 
                        caregiver' means an individual who--
                                    ``(I) has completed 500 or more 
                                hours as a family caregiver during the 
                                taxable year or any 1 previous taxable 
                                year, and
                                    ``(II) during the same taxable 
                                year, has completed fewer than 500 
                                hours of paid employment (including 
                                self-employment).
                            ``(ii) Limitation.--An individual shall be 
                        treated as a qualified family caregiver for not 
                        more than a total of, consecutively or 
                        nonconsecutively, the lesser of--
                                    ``(I) 1 taxable year for each 
                                taxable year during which such 
                                individual met the requirements of 
                                subclauses (I) and (II) of clause (i), 
                                or
                                    ``(II) 5 taxable years.
                            ``(iii) Family caregiver.--The term `family 
                        caregiver' means an unpaid family member, a 
                        foster parent, or another unpaid adult, who is 
                        unemployed or severely underemployed (as 
                        determined by the Secretary) and who provides 
                        in-home care, monitoring, management, 
                        supervision, or treatment of--
                                    ``(I) a child, or
                                    ``(II) an adult with a special need 
                                (as defined in section 2901 of the 
                                Public Health Service Act), including 
                                an elderly adult who requires care or 
                                supervision due to an age-related 
                                condition.
                            ``(iv) Hours.--An individual shall be 
                        treated as serving as a family caregiver during 
                        the hours in which the individual is engaged in 
                        caregiving tasks including assistance with 
                        bathing or grooming, dressing, laundry, food 
                        shopping or preparation, housekeeping, managing 
                        medications, transportation, and mobility 
                        assistance.
                            ``(v) Plan reliance on self-
                        certification.--An applicable employer plan is 
                        entitled to rely on the written representation 
                        of an individual that the individual was a 
                        qualified family caregiver for a taxable year.
                    ``(E) Applicable dollar amount for qualified family 
                caregivers.--An individual who is an eligible 
                participant for the taxable year by reason of being a 
                qualified family caregiver shall be treated for 
                purposes of paragraph (2) in the same manner as an 
                eligible participant who would attain age 60 but would 
                not attain age 64 before the close of the taxable 
                year.''.
    (c) IRA Catch-Up Contributions.--Clause (i) of section 219(b)(5)(B) 
of the Internal Revenue Code of 1986 is amended by striking ``who has 
attained the age of 50 before the close of the taxable year, the 
deductible amount'' and inserting ``who--
                                    ``(I) has attained the age of 50 
                                before the close of the taxable year, 
                                or
                                    ``(II) is a qualified family 
                                caregiver (as defined in section 
                                414(v)(6)(D)) for the taxable year,
                         the deductible amount''.
    (d) Effective Date.--The amendments made by this section shall 
apply to taxable years beginning after December 31, 2024.
                                 <all>
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