US HB1560 | 2019-2020 | 116th Congress
Status
Spectrum: Partisan Bill (Democrat 188-0)
Status: Introduced on March 6 2019 - 25% progression, died in committee
Action: 2019-03-06 - Referred to the House Committee on Ways and Means.
Pending: House Ways And Means Committee
Text: Latest bill text (Introduced) [PDF]
Status: Introduced on March 6 2019 - 25% progression, died in committee
Action: 2019-03-06 - Referred to the House Committee on Ways and Means.
Pending: House Ways And Means Committee
Text: Latest bill text (Introduced) [PDF]
Summary
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.
Title
American Family Act of 2019
Sponsors
History
Date | Chamber | Action |
---|---|---|
2019-03-06 | House | Referred to the House Committee on Ways and Means. |
2019-03-06 | House | Introduced in House |
Same As/Similar To
SB690 (Related) 2019-03-06 - Read twice and referred to the Committee on Finance.
Subjects
Caribbean area
Immigration status and procedures
Income tax credits
Inflation and prices
Northern Mariana Islands
Puerto Rico
Tax treatment of families
Taxation
U.S. territories and protectorates
Immigration status and procedures
Income tax credits
Inflation and prices
Northern Mariana Islands
Puerto Rico
Tax treatment of families
Taxation
U.S. territories and protectorates
US Congress State Sources
Type | Source |
---|---|
Summary | https://www.congress.gov/bill/116th-congress/house-bill/1560/all-info |
Text | https://www.congress.gov/116/bills/hr1560/BILLS-116hr1560ih.pdf |