Bill116th CongressFiled Mar 19, 2020Taxation
S. 3542
COVID-19 Earned Income Act
Bill journey · stage 2 of 5
Under committee review
FiledFiled
CommitteeComm.
PassedFloor
Both ChambersBoth
Became LawLaw
What it doesSummary introduced in senate (Mar 19, 2020)
COVID-19 Earned Income Act
This bill sets forth a special rule for determining the amount of the earned income tax credit and the refundable portion of the child tax credit. Specifically, the bill allows a taxpayer to use the earned income of the preceding taxable year in computing such credits if such income is greater than the income for the current taxable year (i..e., 2020).
What just happenedMar 19, 2020
Read twice and referred to the Committee on Finance.
Who’s behind it
Sen. Brown, Sherrod [D-OH](D-OH)Sponsor
1 cosponsor1 R
1cosponsors1committees2actions2related bills4subjects
- Introduced in SenateMar 19, 2020
- Mar 19, 2020IntroReferral
Read twice and referred to the Committee on Finance.
Finance Committee - Mar 19, 2020IntroReferral10000
Introduced in Senate