Bill Pending to Allow Tax Deductions for Pet Care

August 24, 2009
By Laura Allen

A bill pending in Congress would give pet owners tax deductions, well, for having pets. H.R. 3501 introduced by Rep. Thaddeus G. McCotter (R-MI) is also known as the Humanity and Pets Partnered Through the Years or HAPPY Act.

The bill notes that according to the "2007-2008 National Pet Owners Survey, 63 percent of United States households own a pet" and "Human-Animal Bond has been shown to have positive effects upon people's emotional and physical well-being". Kind of an understatement....