Pet Care Tax Deduction Proposed

A Michigan legislator has proposed a bill to allow up to a $3,500 tax deduction for pet care. Rep. Thaddeus McCotter says that the bill is needed to prevent pet owners from being forced to give up their pets due to their inability to afford pet care costs in hard economic times.

The bill, Humanity and Pets Partnered Through the Years, or “HAPPY Act”, was introduced in July 2009.  It has now been referred to the House Committee on Ways and Means. Expenses for acquiring the pet are not allowed to be deducted. The text of the bill can be read here:

http://thomas.loc.gov/cgi-bin/query/z?c111:H.R.3501:

Source: http://www.npr.org/templates/story/story.php?storyId=113791908&sc=fb&cc=fp

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This entry was posted on Tuesday, October 20th, 2009 at 9:57 am and is filed under Tax. You can follow any responses to this entry through the RSS 2.0 feed. Both comments and pings are currently closed.