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S. 690

American Family Act of 2019

American Family Act of 2019

This bill modifies 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, and (4) require the Department of the Treasury to establish a program for making advance payments of the credit on a monthly basis.

Read twice and referred to the Committee on Finance.

Sen. Bennet, Michael F. [D-CO](D-CO)Sponsor
37 cosponsors36 D1 I
37cosponsors1committees2actions1related bills8subjects
  1. IntroReferral

    Read twice and referred to the Committee on Finance.

    Finance Committee
  2. IntroReferral10000

    Introduced in Senate

American Family Act of 2019 — Informed