Refundable Child Tax Credit Eligibility Verification Reform Act of 2015
Bill journey · stage 2 of 5
Under committee review
What it doesSummary introduced in house (May 14, 2015)
Refundable Child Tax Credit Eligibility Verification Reform Act of 2015
Amends the Internal Revenue Code, with respect to the child tax credit, to require taxpayers claiming such credit to provide their social security numbers on their tax returns.
Prohibits taxpayers who improperly claimed such credit in a previous year from claiming such credit during a disallowance period of: (1) 2 years for claims made with reckless or intentional disregard of rules governing such credit, or (2) 10 years for fraudulent claims.
Requires the Department of the Treasury to prescribe a form for completion by paid income tax preparers in connection with claims for the refundable portion of the child tax credit. Imposes a penalty on preparers who fail to comply with due diligence requirements for claiming the refundable portion of the credit.
What just happenedMay 14, 2015
Referred to the House Committee on Ways and Means.
Who’s behind it
- Introduced in HouseMay 14, 2015
- May 14, 2015IntroReferralH11100
Referred to the House Committee on Ways and Means.
Ways and Means Committee - May 14, 2015IntroReferralIntro-H
Introduced in House
- May 14, 2015IntroReferral1000
Introduced in House