How about a $3,500 tax deduction for pet care?

Are you interested in a tax deduction of up to $3,500 for pet care?

We're just catching up with the proposed bill, called the Humanity and Pets Partnered Through the Years (HAPPY) Act, but thought you'd like to know.

A Michigan Republican, Rep. Thaddeus McCotter, has introduced a bill that would allow the deduction of up to $3,500 on federal taxes for "qualified pets."

It defines "qualified pet" as "legally owned, domesticated, and live animals" and says qualified care would include vet care.

The bill justifies the proposed deduction by noting that the human-animal bond "has been shown to have positive effects upon people's emotions and physical well-being."