Child Tax Credit Improvement Act
- Last Action
- 2/2/2017
Actions
- 2017-02-02Referred to the House Committee on Ways and Means.
- 2017-02-02Introduced in House
- 2017-02-02Introduced in House
CRS Summary
As of 2017-02-02 (00)
Child Tax Credit Improvement Act
This bill amends the Internal Revenue Code, with respect to the child tax credit, to: (1) allow taxpayers an increased $3,600 tax credit for each young child under the age of six (young child tax credit), subject to specified limitations based on adjusted gross income; (2) require the Department of the Treasury to establish a program to make advance payments of the young child tax credit; (3) modify the refundable portion of the child tax credit; and (4) require annual inflation adjustments for both the child tax credit and the young child tax credit.
Cosponsors (20)
- NANCY PELOSI (D-CA)
- RICHARD NEAL (D-MA)
- LLOYD DOGGETT (D-TX)
- SANDER LEVIN (D-MI)
- JOSEPH CROWLEY (D-NY)
- JOHN LEWIS (D-GA)
- JAMES MCGOVERN (D-MA)
- Ben Luján (D-NM)
- JOHN LARSON (D-CT)
- Linda Sánchez (D-CA)
- LUIS GUTIERREZ (D-IL)
- WILLIAM PASCRELL (D-NJ)
- Debbie Dingell (D-MI)
- GREGORY MEEKS (D-NY)
- ELEANOR NORTON (D-DC)
- Darren Soto (D-FL)
- DANNY DAVIS (D-IL)
- Ro Khanna (D-CA)
- Elizabeth Esty (D-CT)
- G. K. Butterfield (D-NC)
Subjects
- Income tax credits
- Inflation and prices
- Tax treatment of families
- Wages and earnings
Sourced from Congress.gov (public domain).
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