WRCR Act of 2023
- Last Action
- 3/8/2023
Actions
- 2023-03-08Referred to the House Committee on Ways and Means.
- 2023-03-08Introduced in House
- 2023-03-08Introduced in House
CRS Summary
As of 2023-03-08 (00)
Worker Relief and Credit Reform Act of 2023 or the WRCR Act of 2023
This bill modifies the earned income tax credit to (1) make the credit available to certain students, (2) modify the age requirement for the credit, (3) include care-giving and learning as compensated work for purposes of the credit, (4) revise the definition of qualifying dependents eligible for the credit, (5) increase the credit for certain unmarried individuals with two or more qualifying children, and (6) require the Internal Revenue Service (IRS) to establish a program for making direct advance monthly payments of the credit to eligible taxpayers.
The bill directs the IRS to establish a program to educate taxpayers about the availability of the earned income tax credit and the advance monthly payments of such credit.
Cosponsors (20)
- Judy Chu (D-CA)
- Dwight Evans (D-PA)
- Raúl Grijalva (D-AZ)
- Bonnie Watson Coleman (D-NJ)
- Pramila Jayapal (D-WA)
- Ro Khanna (D-CA)
- Ritchie Torres (D-NY)
- Ilhan Omar (D-MN)
- Sylvia Garcia (D-TX)
- Ayanna Pressley (D-MA)
- ELEANOR NORTON (D-DC)
- Mark Pocan (D-WI)
- Jill Tokuda (D-HI)
- Chellie Pingree (D-ME)
- Henry Johnson (D-GA)
- Sheila Cherfilus-McCormick (D-FL)
- BARBARA LEE (D-CA)
- Troy Carter (D-LA)
- Emilia Sykes (D-OH)
- Suzanne Bonamici (D-OR)
Sourced from Congress.gov (public domain).
This is legal information, not legal advice. Laws vary by jurisdiction and change frequently. Always verify current law with official sources and consult a licensed attorney in your jurisdiction for advice on your specific situation.