Information On Cat
10 Sep
Missy Woodward interviews U.S. Rep. Thaddeus McCotter, R-MI, who has introduced the HAPPY Act to provide a $3,500 tax credit for pet and veterinary care. H.R. 3501, or the Humanity and Pets Partnered Through the Years (HAPPY) Act, would amend the Internal Revenue Code to allow individuals a deduction of up to $3500 a year for qualified pet care expenses. Qualified expenses would be amounts paid in connection with providing care (including veterinary care) for a qualified pet other than any expense in connection with the acquisition of the qualified pet. The pet must be a legally owned, domesticated, live animal. Animals used in research or business would not qualify for the deduction.
The HAPPY Act may be welcome news to cat owners. The ASPCA estimates yearly expenses for one cat at nearly $700, and if the cat is a senior, has any health problems, or suffers an injury, the cost could be much higher. Individuals involved in animal rescue could benefit greatly by these allowable expense deductions as medical care is very costly and this could aid in the rescue of more animals from our nation’s overcrowded shelters. Individuals concerned about adopting animals during these difficult economic times could then move forward and save a life due to this tax break on qualified pet care. A win-win for humans and animals.
The bill is currently with the House Ways and Means Committee. To further support this bill, please write your Congressman and urge them to co-sponsor / support the Happy Act.
Duration : 0:9:27
10 Responses for "The HAPPY Act to provide tax credit for pet and veterinary care by U.S. Rep. Thaddeus McCotter"
yeah its great …
yeah its great seeing them trying to get more involved in a way to try and help animals and their owners
It is great when …
It is great when Legislators want to help animals and people too.
Finally something / …
Finally something /useful/ is possibly being done.
Next question does it cover *just* dogs and cats?
Or anything people consider as a ‘pet’? I KNOW there shall be loopholes, catch 22’s and rules O.O
so i dont …
so i dont understand what this will do for us pet owners? what is this gonna do?
this is AWESOME, …
this is AWESOME, Its about time someone did this. Thank you.
what an amazing …
what an amazing idea. I work in down town L.A. there are so many tradgedys related to animals & homeless animals in the area. This would empower me and give me an incentive to help them even more. This must pass! I would give my last dollar to help an animal before eating so this means a lot to me.
LOVE IT!!!
LOVE IT!!!
This is a really …
This is a really cool idea! I do agree with luloops, however.. There should be some way to weed out those kinds of people.
I like this idea …
I like this idea but my concern is people that have no business owning a pet would take advantage of this and not really care about their pet.
Missy,
Nice …
Missy,
Nice interview !
Leave a reply