Grow American Incomes Now Act of 2017
Bill journey · stage 2 of 5
Under committee review
What it doesSummary introduced in senate (Sep 19, 2017)
Grow American Incomes Now Act of 2017 or the GAIN Act
This bill amends the Internal Revenue Code, with respect to the earned income tax credit (EITC), to: (1) increase specified credit and phaseout percentages, (2) increase the earned income amounts and the phaseout amounts, (3) decrease from 25 to 21 the minimum eligibility age for individuals without qualifying children, and (4) allow employees to elect to receive advance payments of the EITC from employers when wages are paid.
What just happenedSep 19, 2017
Read twice and referred to the Committee on Finance.
Who’s behind it
- Introduced in SenateSep 19, 2017
- Sep 19, 2017IntroReferral
Read twice and referred to the Committee on Finance.
Finance Committee - Sep 19, 2017IntroReferral10000
Introduced in Senate