Americans Giving Care to Elders (AGE) Act of 2016

To amend the Internal Revenue Code of 1986 to provide an income tax credit for eldercare expenses. 1. Short title This Act may be cited as the Americans Giving Care to Elders (AGE) Act of 2016 2. Credit for eldercare expenses (a) In general Subpart A of part IV of subchapter A of chapter 1 25E. Expenses for eldercare (a) Allowance of credit (1) In general In the case of an individual for which there are 1 or more qualifying individuals (as defined in subsection (b)(1)) with respect to such individual, there shall be allowed as a credit against the tax imposed by this chapter for the taxable year an amount equal to the applicable percentage of the eldercare expenses (as defined in subsection (b)(2)) paid by such individual during the taxable year. (2) Applicable percentage defined For purposes of paragraph (1), the term applicable percentage (A) in the case of a joint return, $450,000, (B) in the case of a married individual filing a separate return, $225,000, and (C) in any other case, $400,000. (b) Definitions of qualifying individual and eldercare expenses For purposes of this section— (1) Qualifying individual The term qualifying individual (2) Eldercare expenses (A) In general The term eldercare expenses (B) Care centers Eldercare expenses described in subparagraph (A) which are incurred for services provided outside the taxpayer's household by a care center (as defined in subparagraph (C)) shall be taken into account only if such center complies with all applicable laws and regulations of a State or unit of local government. (C) Care center defined For purposes of this paragraph, the term care center (i) provides care for more than six individuals, and (ii) receives a fee, payment, or grant for providing services for any of the individuals (regardless of whether such facility is operated for profit). (c) Dollar limit on amount creditable (1) In general The amount of the eldercare expenses incurred during any taxable year which may be taken into account under subsection (a) shall not exceed $6,000. (2) Coordination with dependent care assistance exclusion The dollar amount in paragraph (1) shall be reduced by the aggregate amount excluded from gross income under section 129 for the taxable year. (d) Special rules For purposes of this section— (1) Payments to related individuals No credit shall be allowed under subsection (a) for any amount paid to an individual— (A) with respect to whom, for the taxable year, a deduction under section 151(c) (relating to deduction for personal exemptions for dependents) is allowable either to the taxpayer or his spouse, or (B) who is a child of the taxpayer (within the meaning of section 152(f)(1)) who has not attained the age of 19 at the close of the taxable year. For purposes of this paragraph, the term taxable year (2) Identifying information required with respect to service provider No credit shall be allowed under subsection (a) for any amount paid to any person unless— (A) the name, address, and taxpayer identification number of such person are included on the return claiming the credit, or (B) if such person is an organization described in section 501(c)(3) and exempt from tax under section 501(a), the name and address of such person are included on the return claiming the credit. In the case of a failure to provide the information required under the preceding sentence, the preceding sentence shall not apply if it is shown that the taxpayer exercised due diligence in attempting to provide the information so required. (3) Identifying information required with respect to qualifying individuals No credit shall be allowed under subsection (a) with respect to any qualifying individual unless the taxpayer identification number of such individual is included on the return claiming the credit. (4) Married couples must file joint return Rules similar to the rules of paragraphs (2) and (3) of section 21(e) shall apply. (e) Denial of double benefit No credit shall be allowed under subsection (a) for any amount with respect to which a credit is allowed under section 21. (f) Regulations The Secretary shall prescribe such regulations as may be necessary to carry out the purposes of this section. . (b) Clerical amendment The table of sections for subpart A of part IV of subchapter A of chapter 1 Sec. 25E. Expenses for eldercare. (c) Conforming amendments (1) Section 213(e) (A) by inserting or section 25E section 21 (B) by inserting and elders certain dependents (2) Section 6213(g)(2) of such Code is amended— (A) by inserting , section 25E (relating to expenses for care of elders), (relating to expenses for household and dependent care services necessary for gainful employment) (B) by inserting 25E, 24, (d) Effective date The amendments made by this section shall apply to taxable years beginning after the date of the enactment of this Act. 3. Extension and increase in funding for the National Family Caregiver Support Program (a) In general Section 303(e) of the Older Americans Act of 1965 ( 42 U.S.C. 3023(e) (1) by striking paragraphs (1) and (2) and inserting the following: (1) There is authorized to be appropriated to carry out part E (relating to family caregiver support) $187,000,000 for each of fiscal years 2017, 2018, 2019, and 2020. ; (2) in paragraph (3), by striking paragraphs (1) and (2) paragraph (1) (3) by redesignating paragraph (3) as paragraph (2). (b) Conforming amendment Section 373(f)(1)(A) of the Older Americans Act of 1965 ( 42 U.S.C. 3030s–1(f)(1)(A) fiscal years 2007, 2008, 2009, 2010, and 2011 fiscal years 2017, 2018, 2019, and 2020 4. National Resource Center on Family Caregiving (a) In general Part A of title IV of the Older Americans Act of 1965 42 U.S.C. 3032 et seq. 423. National resource center on family caregiving (a) Definitions In this section: (1) Public or private nonprofit entity The term public or private nonprofit entity (A) a State, a political subdivision of a State, or an agency or instrumentality of such a State or political subdivision; or (B) a nonprofit entity that is described in section 501(c)(3) (2) State The term State (b) Establishment The Secretary of Health and Human Services shall award a grant to or enter into a cooperative agreement with a public or private nonprofit entity to establish a National Resource Center on Family Caregiving (referred to in this section as the Center (c) Purposes of National Resource Center The Center shall— (1) identify, develop, and disseminate information on best practices for and evidence-based models of family caregiver support programs; (2) provide timely information on policy and program updates relating to family caregivers; (3) partner with related organizations to disseminate practical strategies and tools to support families in their caregiving roles; (4) convene educational programs and web-based seminars on family caregiver issues and program development; and (5) provide a comprehensive Internet website with a national searchable database on family caregiver programs and resources in the States. (d) Authorization There is authorized to be appropriated to carry out this section $12,000,000 for the period of fiscal years 2017 through 2020. . (b) Technical amendments (1) Section 431(a) of such Act ( 42 U.S.C. 3033(a) or contract or contract (including a cooperative agreement) (2) Section 432(a) of such Act ( 42 U.S.C. 3033a(a) and contracts and contracts (including cooperative agreements)

Summary: Americans Giving Care to Elders (AGE) Act of 2016 This bill amends the Internal Revenue Code to allow caregivers a tax credit for up to $6,000 of the eldercare expenses incurred for their parents (or ancestors of such parents). It also amends the Older Americans Act of 1965 to: (1) increase and extend through FY2020 the authorization of appropriations for the National Family Caregiver Support Program, and (2) require the Department of Health and Human Services to award a grant to or enter into a cooperative agreement with a public or private nonprofit entity to establish a National Resource Center on Family Caregiving to provide information on and support for family caregiver support programs.