US HB4846 | 2015-2016 | 114th Congress

Status

Spectrum: Moderate Partisan Bill (Republican 5-1)
Status: Introduced on March 23 2016 - 25% progression, died in committee
Action: 2016-03-23 - Referred to the House Committee on Ways and Means.
Pending: House Ways And Means Committee
Text: Latest bill text (Introduced) [PDF]

Summary

To amend the Internal Revenue Code of 1986 to increase the child tax credit. This bill amends the Internal Revenue Code, with respect to the child tax credit, to: (1) increase the allowable amount of such credit from $1,000 to $2,000 for each qualifying child, (2) raise the modified adjusted gross income threshold amount at which the phase-out of the credit begins, and (3) increase such threshold amount by $15,000 for each qualifying child of the taxpayer beyond the first child.

Tracking Information

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Title

To amend the Internal Revenue Code of 1986 to increase the child tax credit.

Sponsors


History

DateChamberAction
2016-03-23HouseReferred to the House Committee on Ways and Means.
2016-03-23HouseIntroduced in House

Subjects


US Congress State Sources


Bill Comments

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