EITC Modernization Act of 2018
Bill journey · stage 2 of 5
Under committee review
What it doesSummary introduced in house (Sep 25, 2018)
EITC Modernization Act of 2018
This bill modifies the Earned Income Tax Credit (EITC) to: (1) make certain individuals who are college students or have an aged or disabled dependent eligible for the credit, (2) specify minimum credit amounts for the qualifying students and individuals with an aged or disabled dependent, (3) allow certain EITC recipients to elect to receive the credit payments monthly, and (4) decrease from 25 to 18 the minimum age of eligibility for individuals without dependents.
The bill also requires the Internal Revenue Service to establish a Community Volunteer Income Tax Assistance Matching Grant Program to provide matching funds for the development, expansion, or continuation of tax preparation programs to assist low-income taxpayers and members of underserved populations.
What just happenedSep 25, 2018
Referred to the House Committee on Ways and Means.
Who’s behind it
- Introduced in HouseSep 25, 2018
- Sep 25, 2018IntroReferralH11100
Referred to the House Committee on Ways and Means.
Ways and Means Committee - Sep 25, 2018IntroReferralIntro-H
Introduced in House
- Sep 25, 2018IntroReferral1000
Introduced in House