American Family Act of 2017
Bill journey · stage 2 of 5
Under committee review
What it doesSummary introduced in senate (Oct 26, 2017)
American Family Act of 2017
This bill amends the Internal Revenue Code, with respect to the child tax credit, to: (1) make the credit fully refundable, (2) increase the amount of the credit and allow an additional credit for children who are under six years of age, (3) require the amount of the credit to be adjusted annually for inflation after 2017, and (4) require the Department of the Treasury to establish a program for making advance payments of the credit on a monthly basis.
What just happenedOct 26, 2017
Read twice and referred to the Committee on Finance.
Who’s behind it
- Introduced in SenateOct 26, 2017
- Oct 26, 2017IntroReferral
Read twice and referred to the Committee on Finance.
Finance Committee - Oct 26, 2017IntroReferral10000
Introduced in Senate