But you don’t have to be a pet owner to be a pet lover. Even if you don’t own pets, you likely understand the bond that exists between pets and their owners.
Of course, pets rely on their owners for all their needs, including food and shelter, exercise, affection, and overall health and well-being.
And like us, from time to time, pets need medical attention, including routine checkups and vaccinations, or for serious injuries or health issues. Veterinary bills can be an unexpected blow to your budget, especially for emergency surgeries and treatment. While our pets are worth the cost, the reality is that finances play a role in whether a person opts for medical treatment.
California has proposed a new law that would provide a substantial tax write off to pet owners for veterinary costs for dogs and cats. Assembly Bill No. 942, as amended, would provide a tax credit equal to one-half of the amount paid or incurred for qualified veterinary costs, not to exceed two thousand dollars. Qualified veterinary costs means amounts paid for medically necessary expenses paid to a licensed veterinarian, including, but not limited to, vaccinations, annual check-ups, surgeries, and drug prescriptions.
The proposed law would increase the health and quality of life of our pets by incentivizing pet owners to opt for medical treatments, including expensive surgeries and life-saving treatments. The proposed law would also encourage adoption of pets, including older pets more likely to require medical attention. Dogs and cats are not just pets, they are family. And, according to Jules from Pulp Fiction, “Dogs got personality. Personality goes a long way.”