US SB2565 | 2013-2014 | 113th Congress

Status

Spectrum: Partisan Bill (Democrat 6-0)
Status: Introduced on July 8 2014 - 25% progression, died in committee
Action: 2014-07-08 - Read twice and referred to the Committee on Finance.
Pending: Senate Finance Committee
Text: Latest bill text (Introduced) [PDF]

Summary

Helping Working Families Afford Child Care Act - Amends the Internal Revenue Code, with respect to the tax credit for employment-related expenses incurred for the care of a taxpayer's dependent, to: (1) increase to $200,000, the adjusted gross income threshold level above which such credit is incrementally reduced; (2) increase the dollar limit on the allowable amount of such credit; (3) allow an inflation adjustment to the threshold amount and the maximum credit amounts, beginning after 2015; and (4) make such credit refundable.

Tracking Information

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Title

Helping Working Families Afford Child Care Act

Sponsors


History

DateChamberAction
2014-07-08SenateRead twice and referred to the Committee on Finance.

Subjects


US Congress State Sources


Bill Comments

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