US HB4959 | 2017-2018 | 115th Congress
Status
Spectrum: Partisan Bill (Republican 1-0)
Status: Introduced on February 7 2018 - 25% progression, died in committee
Action: 2018-02-07 - Referred to the House Committee on Ways and Means.
Pending: House Ways And Means Committee
Text: Latest bill text (Introduced) [PDF]
Status: Introduced on February 7 2018 - 25% progression, died in committee
Action: 2018-02-07 - Referred to the House Committee on Ways and Means.
Pending: House Ways And Means Committee
Text: Latest bill text (Introduced) [PDF]
Summary
Working Families Relief Act of 2018 This bill amends the Internal Revenue Code to limit the temporary (for tax years 2018 through 2025) refundable portion of the child tax credit, with respect to any qualifying child, to the greater of: (1) $1,400, or (2) the excess of the taxpayer's Social Security taxes for the year over the credit allowed under the earned income tax credit. (Under current law, the maximum is $1,400, adjusted for inflation after 2018).
Title
Working Families Relief Act of 2018
Sponsors
| Sen. Ted Budd [R-NC] |
History
| Date | Chamber | Action |
|---|---|---|
| 2018-02-07 | House | Referred to the House Committee on Ways and Means. |
| 2018-02-07 | House | Introduced in House |
Subjects
US Congress State Sources
| Type | Source |
|---|---|
| Summary | https://www.congress.gov/bill/115th-congress/house-bill/4959/all-info |
| Text | https://www.congress.gov/115/bills/hr4959/BILLS-115hr4959ih.pdf |
