A bill to amend the Internal Revenue Code of 1954 to allow individuals an income tax credit for amounts paid or incurred for maintaining a household member of which is a dependent of the taxpayer who has attained age 65.

[AI summary unavailable — showing source text] Amends the Internal Revenue Code to allow a nonrefundable income tax credit for household expenses to any taxpayer who maintains a household in which a dependent aged 65 or over resides. Limits such credit to $1,000 for each aged dependent for the taxable year.…