US SB820 | 2015-2016 | 114th Congress

Status

Spectrum: Partisan Bill (Democrat 1-0)
Status: Introduced on March 19 2015 - 25% progression, died in committee
Action: 2015-03-19 - Read twice and referred to the Committee on Finance.
Pending: Senate Finance Committee
Text: Latest bill text (Introduced) [PDF]

Summary

Child and Dependent Care Tax Credit Enhancement Act of 2015 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 $120,000, 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.

Tracking Information

Register now for our free OneVote public service or GAITS Pro trial account and you can begin tracking this and other legislation, all driven by the real-time data of the LegiScan API. Providing tools allowing you to research pending legislation, stay informed with email alerts, content feeds, and share dynamic reports. Use our new PolitiCorps to join with friends and collegaues to monitor & discuss bills through the process.

Monitor Legislation or view this same bill number from multiple sessions or take advantage of our national legislative search.

Title

Child and Dependent Care Tax Credit Enhancement Act of 2015

Sponsors


History

DateChamberAction
2015-03-19SenateRead twice and referred to the Committee on Finance.

Same As/Similar To

SB661 (Related) 2015-03-04 - Read twice and referred to the Committee on Finance.
HB1780 (Related) 2015-04-14 - Referred to the House Committee on Ways and Means.

Subjects


US Congress State Sources


Bill Comments

feedback