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".
Under the bill, H.R. 3501, pet owners could deduct expenses for the care, including veterinary care, of a pet up to $3,500 per year. Pet is defined as a "legally owned, domesticated, live animal". Animals used for research or held in conjunction with a business or similar use don't count.
This bill will save animal lives and help keep them in their homes.
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