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]
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.
Title
Child and Dependent Care Tax Credit Enhancement Act of 2015
Sponsors
Sen. Robert Casey [D-PA] |
History
Date | Chamber | Action |
---|---|---|
2015-03-19 | Senate | Read 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.
HB1780 (Related) 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/820/all-info |
Text | https://www.congress.gov/114/bills/s820/BILLS-114s820is.pdf |