California Passes Tax Credit to Defray Medical Equipment Costs

The California legislature on Monday sent a bill to Gov. Gavin Newsom (D) that would allow families that incur significant expenses for dependents for medical equipment like wheelchairs or ventilators to qualify for a tax credit.

The bill, S.B. 785, passed the Assembly 78-0 last week before being given final approval on Monday by the Senate, which originally passed the legislation 38-0 in May. Newsom will now have until Oct. 12 to sign or veto the measure.

• The bill would allow households with qualifying dependents to receive a tax credit for 50% of medical equipment costs that are not ...