US SB2018 | 2017-2018 | 115th Congress
Status
Spectrum: Partisan Bill (Democrat 11-0)
Status: Introduced on October 26 2017 - 25% progression, died in committee
Action: 2017-10-26 - Read twice and referred to the Committee on Finance.
Pending: Senate Finance Committee
Text: Latest bill text (Introduced) [PDF]
Status: Introduced on October 26 2017 - 25% progression, died in committee
Action: 2017-10-26 - Read twice and referred to the Committee on Finance.
Pending: Senate Finance Committee
Text: Latest bill text (Introduced) [PDF]
Summary
American Family Act of 2017 This bill amends the Internal Revenue Code, with respect to 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 after 2017, 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 2017
Sponsors
| Sen. Michael Bennet [D-CO] | Sen. Sherrod Brown [D-OH] | Sen. Kamala Harris [D-CA] | Sen. Cory Booker [D-NJ] |
| Sen. Chris Van Hollen [D-MD] | Sen. Richard Durbin [D-IL] | Sen. Kirsten Gillibrand [D-NY] | Sen. Amy Klobuchar [D-MN] |
| Sen. Benjamin Cardin [D-MD] | Sen. Sheldon Whitehouse [D-RI] | Sen. Elizabeth Warren [D-MA] |
History
| Date | Chamber | Action |
|---|---|---|
| 2017-10-26 | Senate | Read twice and referred to the Committee on Finance. |
Subjects
US Congress State Sources
| Type | Source |
|---|---|
| Summary | https://www.congress.gov/bill/115th-congress/senate-bill/2018/all-info |
| Text | https://www.congress.gov/115/bills/s2018/BILLS-115s2018is.pdf |
