US SB661 | 2015-2016 | 114th Congress
Status
Spectrum: Partisan Bill (Democrat 11-0)
Status: Introduced on March 4 2015 - 25% progression, died in committee
Action: 2015-03-04 - Read twice and referred to the Committee on Finance.
Pending: Senate Finance Committee
Text: Latest bill text (Introduced) [PDF]
Status: Introduced on March 4 2015 - 25% progression, died in committee
Action: 2015-03-04 - 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 $110,000, 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 2016; and (4) make such credit refundable.
Title
Helping Working Families Afford Child Care Act
Sponsors
Sen. Patty Murray [D-WA] | Sen. Jeanne Shaheen [D-NH] | Sen. Sherrod Brown [D-OH] | Sen. Richard Durbin [D-IL] |
Sen. Harry Reid [D-NV] | Sen. Charles Schumer [D-NY] | Sen. Debbie Stabenow [D-MI] | Sen. Ron Wyden [D-OR] |
Sen. Kirsten Gillibrand [D-NY] | Sen. Michael Bennet [D-CO] | Sen. Jack Reed [D-RI] |
History
Date | Chamber | Action |
---|---|---|
2015-03-04 | Senate | Read twice and referred to the Committee on Finance. |
Same As/Similar To
SB820 (Related) 2015-03-19 - Read twice and referred to the Committee on Finance.
HB1780 (Same As) 2015-04-14 - Referred to the House Committee on Ways and Means.
HB1780 (Same As) 2015-04-14 - Referred to the House Committee on Ways and Means.
Subjects
US Congress State Sources
Type | Source |
---|---|
Summary | https://www.congress.gov/bill/114th-congress/senate-bill/661/all-info |
Text | https://www.congress.gov/114/bills/s661/BILLS-114s661is.pdf |