Just like kids, they can also be expensive. So, wouldn't it be nice to get some of that money back at tax time?

Congress is now talking about this in Washington. It's a great thing to some, but crazy to others.

At a time when Congress is dealing with reforming health care and saving jobs, a Michigan congressman is proposing the HAPPY Act.

An acronym for "Humanity and Pets Partnered Through The Years," pet owners could deduct up to $3,500 in expenses, only $150 less than parents deduct for children. The only thing not included is the cost to buy or adopt the animal.

Many are wondering who would qualify because even though the bill specifies domesticated animals, legislators are looking for more clarity on exactly what that means.

The way it reads now, supplies for your rat, your bull, python or even your bearded dragon would qualify.

"A lot of pet owners will want tax breaks," John Calchera, owner of Pinevill Pets, said. "The way I look at it is if they can't afford the pet, they shouldn't have it."

Calchera also worries about people abusing the system by hoarding animals just to get a break.

"I don't think we should be paying people to keep pets," he said.

At doggie daycare Dogs All Day, owner Anita Williams likes the concept of a tax credit, but even she is skeptical it will actually happen.

"People may look at it as a luxury. I like it, but I think it's a long shot," Williams said.

The Happy Act, known as H.R. 3501, is currently in the hands of the House Ways and Means Committee.