Child and Dependent Care Tax Credit Enhancement Act of 2019
- Last Action
- 3/28/2019
Actions
- 2019-03-28Read twice and referred to the Committee on Finance.
- 2019-03-28Introduced in Senate
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 (20)
- Patty Murray (D-WA)
- Ron Wyden (D-OR)
- Sherrod Brown (D-OH)
- Ben Cardin (D-MD)
- Maria Cantwell (D-WA)
- Kirsten Gillibrand (D-NY)
- Maggie Hassan (D-NH)
- Mazie Hirono (D-HI)
- Robert Menendez (D-NJ)
- Debbie Stabenow (D-MI)
- Catherine Cortez Masto (D-NV)
- Amy Klobuchar (D-MN)
- Chris Van Hollen (D-MD)
- Richard Blumenthal (D-CT)
- Michael Bennet (D-CO)
- Sheldon Whitehouse (D-RI)
- Jeff Merkley (D-OR)
- John Reed (D-RI)
- Richard Durbin (D-IL)
- Patrick Leahy (D-VT)
Subjects
- Child care and development
- Income tax credits
- Inflation and prices
- Marriage and family status
Sourced from Congress.gov (public domain).
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