Child and Dependent Care Tax Credit Enhancement Act of 2019
- Last Action
- 3/28/2019
Actions
- 2019-03-28Referred to the House Committee on Ways and Means.
- 2019-03-28Introduced in House
- 2019-03-28Introduced in House
CRS Summary
As of 2019-03-28 (00)
Child and Dependent Care Tax Credit Enhancement Act of 2019
This bill modifies the tax credit for employment-related expenses incurred for the care of a taxpayer's dependent to (1) increase to $120,000, the adjusted gross income threshold level above which the credit is incrementally reduced; (2) increase the dollar limits on the allowable amount of the credit; (3) specify rules for married couples filing separate returns; (4) allow an inflation adjustment to the adjusted gross income threshold and the maximum credit amounts, beginning after 2020; and (5) make the credit refundable.
Cosponsors (8)
- Suzan DelBene (D-WA)
- Jimmy Gomez (D-CA)
- Linda Sánchez (D-CA)
- Dwight Evans (D-PA)
- Gwen Moore (D-WI)
- EARL BLUMENAUER (D-OR)
- Terri Sewell (D-AL)
- JOHN LARSON (D-CT)
Subjects
- Child care and development
- Income tax credits
- Inflation and prices
- Marriage and family status
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.