Bill115th CongressFiled Feb 7, 2018Taxation
H.R. 4959
Working Families Relief Act of 2018
Bill journey · stage 2 of 5
Under committee review
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CommitteeComm.
PassedFloor
Both ChambersBoth
Became LawLaw
What it doesSummary introduced in house (Feb 7, 2018)
Working Families Relief Act of 2018
This bill amends the Internal Revenue Code to limit the temporary (for tax years 2018 through 2025) refundable portion of the child tax credit, with respect to any qualifying child, to the greater of: (1) $1,400, or (2) the excess of the taxpayer's Social Security taxes for the year over the credit allowed under the earned income tax credit. (Under current law, the maximum is $1,400, adjusted for inflation after 2018).
What just happenedFeb 7, 2018
Referred to the House Committee on Ways and Means.
Who’s behind it
Rep. Budd, Ted [R-NC-13](R-NC)Sponsor
1committees3actions3subjects
- Introduced in HouseFeb 7, 2018
- Feb 7, 2018IntroReferralH11100
Referred to the House Committee on Ways and Means.
Ways and Means Committee - Feb 7, 2018IntroReferralIntro-H
Introduced in House
- Feb 7, 2018IntroReferral1000
Introduced in House