Child and Dependent Care Tax Credit Enhancement Act of 2019
Bill journey · stage 2 of 5
Under committee review
What it doesSummary introduced in senate (Mar 28, 2019)
Child and Dependent Care Tax Credit Enhancement Act of 2019
This bill modifies the tax credit for employment-related expenses incurred for the care of a taxpayer's dependent to (1) increase to $120,000, the adjusted gross income threshold level above which the credit is incrementally reduced; (2) increase the dollar limits on the allowable amount of the credit; (3) specify rules for married couples filing separate returns; (4) allow an inflation adjustment to the adjusted gross income threshold and the maximum credit amounts, beginning after 2020; and (5) make the credit refundable.
What just happenedMar 28, 2019
Read twice and referred to the Committee on Finance.
Who’s behind it
- Introduced in SenateMar 28, 2019
- Mar 28, 2019IntroReferral
Read twice and referred to the Committee on Finance.
Finance Committee - Mar 28, 2019IntroReferral10000
Introduced in Senate